Samsung Electronics and its labor union are in crucial government-led talks. The aim is to resolve a dispute over pay and bonuses. A strike by 45,000 workers could disrupt global chip production. South Korea's prime minister has threatened emergency intervention. The company's shares fell amid the uncertainty. The union demands higher bonuses and profit sharing.

South Korea's PM warned of "unimaginable" economic damage. The union wants 15% of operating profit. Samsung has offered 10%. The deadline is May 21.

Samsung Electronics and its South Korean labour union will resume government-mediated pay talks on Monday in an effort to avoid a strike planned for Thursday. The talks come after…

While crisis has put South Korea on edge, government threatened to order arbitration