Samsung Electronics' shares surged over 6% after the tech giant and its union reached a tentative pay deal, averting a potential strike. The planned 18-day walkout by nearly 48,000 members will be suspended pending a vote on the agreement. This development boosted the benchmark KOSPI index.

Samsung Electronics shares surged sharply on Monday after the company resumed mediated wage negotiations with its largest labour union, easing fears of a disruptive strike. The…

Court orders union to maintain normal production during any strike; shares jump 6.7pcGovernment officials warn that a strike could threaten economic growth and exportsUnion…

SEOUL — Samsung Electronics and its labor union started talks on Monday in a last-ditch bid to avert the biggest strike in the tech giant's history, amid concerns that a walkout…

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…

Samsung Electronics management and its labour union resumed negotiations on Wednesday ahead of a threatened 18-day strike by nearly 48,000 workers starting Thursday.

Management and union leaders at Samsung Electronics have failed to reach a last-minute deal over wages.

Shares of Samsung Electronics ended little changed Wednesday despite the company’s largest labor union confirming plans to launch a full-scale strike the follow

About 48,000 workers walked off the job Thursday after Samsung rejected a government-mediated bonus proposal its union had accepted

Samsung Electronics' union said it would suspend a strike set to begin on Thursday after the two sides reached a tentative pay deal.

Union to put tentative pay agreement struck with management to a vote

Deal struck just hours before planned action

Samsung Electronics' shares surged over 6% after the tech giant and its union reached a tentative pay deal, averting a potential strike. The planned 18-day walkout by nearly…

Another round of negotiations led by South Korea's minister for labor and employment Kim Young-hoon resulted in a tentative agreement.

The tentative deal, which involves 12% of profits being paid out as a bonus to employees over a 10-year period, will now go to a vote among over 70,000 union members at the Korean…

Samsung Electronics reached a tentative wage deal with its largest union, averting an 18-day strike that threatened memory-chip supply chains critical to AI and crypto.

Samsung Electronics' shares soared up to 6.5% after a tentative wage agreement with its South Korean union, averting a potential strike that could disrupt global chip supplies.

Samsung Electronics shares soared 8% after the company secured a deal with its Korean union, avoiding a potentially damaging strike.

A planned 18-day strike by some 48,000 union members has now been suspended, while the agreement, which was mediated by the government, is put to a vote between May 22 and May 27

Samsung shares and the benchmark KOSPI both rocketed nearly 8 per cent higher in morning tradE. Read more at straitstimes.com. Read more at straitstimes.com.

Samsung Electronics' shares surged on Thursday after it clinched an 11th-hour deal with its South Korean union to avert a strike, although the terms which included bonuses of…