Samsung and Union Hold Last Minute Talks to Avoid Strike
Samsung and its union are in talks to avoid a strike over bonuses. A walkout by 48,000 workers could disrupt global chip supply chains starting Thursday.
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SAMSUNG ELECTRONICS CO LTD management and its labor union resumed negotiations Wednesday morning to prevent a strike involving 48,000 workers. The 18-day walkout scheduled for Thursday threatens to disrupt global semiconductor supply chains. Investors are monitoring the talks as the chipmaker faces pressure from the South Korea government to reach a resolution.
