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Samsung Electronics reaches union deal, averts chip strike as KOSPI jumps 8%
Samsung Electronics averts an 18-day chip strike with a wage and stock bonus deal for 48,000 union workers, triggering an 8% KOSPI rally and easing AI supply fears.
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france24.com
Union calls strike at S. Korea chip giant Samsung Electronics
The labour union at South Korean chip giant Samsung Electronics said Wednesday it would launch a planned strike after talks over bonus payouts collapsed.
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Union calls strike at South Korea chip giant Samsung Electronics
A planned strike at South Korean chip giant Samsung Electronics will go ahead from Thursday, its union said, after talks on bonus payouts collapsed, raising concerns over a…
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zerohedge.com
Samsung Union Authorizes Massive Strike At Memory-Chip Plants After Mediation Talks Collapse
"A BoK report to the president estimated a potential impact of up to KRW30 trillion in lost production."
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businessday.co.za
Samsung Electronics union suspends planned strike ahead of vote
Union to put tentative pay agreement struck with management to a vote
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tomshardware.com
Samsung narrowly avoids 18-day chip strike after last-minute wage deal with 48,000-worker union — tentative deal, subject to workers' vote,…
Deal struck just hours before planned action
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asia.nikkei.com
Samsung union suspends strike after agreeing on bonuses
Workers at chipmaker to hold vote on 2026 wage deal starting Friday
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economictimes.indiatimes.com
Samsung Electronics' shares jump after tentative wage deal suspends strike
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…
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cnbc.com
Samsung Electronics shares rallies 6% after union suspends strike following tentative wage deal
Another round of negotiations led by South Korea's minister for labor and employment Kim Young-hoon resulted in a tentative agreement.
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cryptobriefing.com
Samsung reaches deal to avert strike over AI profits
Samsung averted its first-ever chip division strike by agreeing to share 13% of operating profits with workers, avoiding $11.7B in potential losses.
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hani.co.kr
Samsung union calls off strike after reaching dramatic wage deal with management
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…
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Samsung Electronics averts 18-day strike with tentative wage deal
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.
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newsbytesapp.com
Samsung averts major strike after tentative wage deal
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.
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Samsung Electronics shares surge 8% as strike averted with $416,000 bonuses
Samsung Electronics shares soared 8% after the company secured a deal with its Korean union, avoiding a potentially damaging strike.
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rappler.com
Samsung shares soar as strike averted, but bonuses of $416,000 for some stoke concern
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
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straitstimes.com
Samsung shares soar with strike averted but $530,000 bonuses for some raise concern
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.
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thejakartapost.com
Samsung strike averted but bonuses of $416,000 for some stoke concern - Companies - The Jakarta Post
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…
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koreaherald.com
Kospi surges as Samsung averts strike
The South Korean benchmark Kospi surged on Thursday, led by a sharp rally in Samsung Electronics after the memory chip giant averted a strike through a last-min
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Samsung deal ignites bonus pressure across industries
The last-minute agreement between Samsung Electronics and its labor union may have averted a potentially crippling strike at the world’s largest memory chipmake
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aljazeera.com
South Korea’s stock market soars as Samsung union calls off planned strike
Benchmark KOSPI rises more than 8 percent following deal to avert strike at top memory chip maker.
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silicon.co.uk
Samsung Reaches Last-Minute Deal To Avert Strike | Silicon UK
Samsung Electronics labour union suspends planned strike action after reaching 11th-hour deal over pay and bonuses