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Samsung Electronics Korean Union Delays 18-Day Strike Scheduled for Tomorrow Amid Court Injunction, 100M Won Daily Fine Threat

GateNews

2026-05-20 13:37:42

According to BlockBeats, Samsung Electronics' Korean labor union postponed a planned strike scheduled for tomorrow (May 21) after a South Korean court on May 18 partially approved the company's injunction request. Under the court order, the union faces potential daily fines of approximately 100 million won if it proceeds with the strike. The union had originally planned an 18-day work stoppage beginning May 21, citing the company's record-high profits from AI semiconductor operations and seeking higher performance bonuses, a 7% wage increase, and restructured compensation tied to company earnings. Samsung management has offered only one-time special bonuses or limited profit-sharing arrangements, declining permanent structural changes to preserve operational flexibility.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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Samsung Union to Strike Tomorrow After Management Rejects Proposal

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