Jun 07, 2024 13:40:00Samsung's 28,000-member labor union launches first strike in company history, demanding higher wages and better working conditionsBySamsung's labor union has announced that it will strike over wage increases on Friday, June 7, 2024. According to TrendForce, a semiconductor market research firm, the strike involves more workers at Samsung's headquarters in Seoul than workers directly involved in production. We don't rule out the possibility of a full-scale general strike,' indicating that the strike is a prelude to a larger labor dispute. For example, in 2009, workers at the South Korean car manufacturer KG Mobility went on strike, occupying the factory for several months. The strike by Samsung's labor union came after negotiations over higher bonuses hit a deadlock.

Source: New York Times June 07, 2024 15:20 UTC