The unionized workers of Samsung Electronics Co. are planning to begin a three-day strike on Monday, but it is not expected to significantly affect the company's production due to low participation. The National Samsung Electronics Union, the largest labor union with 29,000 members, will start the strike with a rally at the company's facility in Hwaseong, but it is anticipated that only around 5,000 members will take part in the collective action. Despite multiple rounds of negotiations since January, the two sides have been unable to reach an agreement on issues such as wage increases, the vacation system, and bonuses. The union is demanding a one-day vacation for all employees, a significant salary increase for certain members, more paid leave, and compensation for financial losses resulting from unpaid strikes. If no progress is made during this week's strike, the union has warned of a potential five-day strike starting on July 15. Despite this, industry insiders do not expect the strike to significantly disrupt production at the world's largest memory chipmaker, as a previous one-day strike had minimal impact.
The unionized workers of Samsung Electronics Co. are planning to begin a three-day strike on Monday, but it is not expected to significantly affect the company's production due to low participation. The National Samsung Electronics Union, the largest labor union with 29,000 members, will start the strike with a rally at the company's facility in Hwaseong, but it is anticipated that only around 5,000 members will take part in the collective action. Despite multiple rounds of negotiations since January, the two sides have been unable to reach an agreement on issues such as wage increases, the vacation system, and bonuses. The union is demanding a one-day vacation for all employees, a significant salary increase for certain members, more paid leave, and compensation for financial losses resulting from unpaid strikes. If no progress is made during this week's strike, the union has warned of a potential five-day strike starting on July 15. Despite this, industry insiders do not expect the strike to significantly disrupt production at the world's largest memory chipmaker, as a previous one-day strike had minimal impact.