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

SEOUL, May 20 — A planned strike at South Korean chip giant Samsung Electronics will go ahead from tomorrow, its union said, after talks on bonus payouts collapsed, raising...

All eyes are on the Saturday vote.

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

Deal struck just hours before planned action

Workers at chipmaker to hold vote on 2026 wage deal starting Friday

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…

A group of shareholders of Samsung Electronics on Thursday called the tentative wage deal struck between the company and its labor union illegal, v...

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.

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…

A group of Samsung Electronics shareholders on Thursday vowed legal action against a tentative deal between the South Korean chip giant and its largest labour union that averted a…

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

Samsung Electronics' labor and management reached a last-minute agreement on a bonus system just hours before the company’s labor unions were set t...

Samsung Electronics' union suspended a planned strike after a tentative pay deal, but unresolved profit-sharing demands could reignite the dispute.

Analysts warn the latest deal could become a benchmark for labour negotiations across industries. Read more at straitstimes.com. Read more at straitstimes.com.

Samsung Electronics shares surged 6.5% after a tentative wage deal averted a strike by nearly 48,000 workers that could have cost up to $2 billion per day.