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.

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

Samsung faces an 18-day strike after failed wage negotiations, threatening global semiconductor supply and the South Korean economy.

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