Samsung Shareholder Group Challenges Union Pay Deal

A Samsung shareholder group says the tentative pay deal with the labor union is illegal. It will file for an injunction if members approve the agreement.

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A SAMSUNG ELECTRONICS CO LTD shareholder group claims a tentative pay deal with the labor union in South Korea is illegal. The group plans to file for a court injunction if union members approve the agreement reached on May 20. Legal challenges to labor settlements could disrupt operational stability.

Choi Seung-ho, head of Samsung Electronics union and Yeo Myung-koo, head of the People Team under Samsung's Device Solutions division and the company's chief management negotiator, shake hands after reaching a tentative pay deal in Suwon, South Korea, May 20, 2025. Yonhap via REUTERS
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