Samsung, union resume negotiations with minister mediating
▸ Part of: Gandaki Province Government Seeks Private Sector Collaboration for Investment
Samsung Electronics and its workers' union resumed negotiations, mediated by South Korea's labour minister, in a final attempt to avert a strike over bonuses. The union threatened to strike after talks broke down, raising concerns about semiconductor production disruption. Samsung reported a significant jump in first-quarter operating profit due to the AI boom, while the union seeks a larger share of profits and the scrapping of a bonus cap.
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