Tech giant Samsung workers to strike indefinitely
The National Samsung Electronics Union, with 30,000 workers, starts indefinite strike for better pay. Samsung disputes production impact, expects profit rise in Q2 2024 from AI tech boom. Union urges more participation.
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The National Samsung Electronics Union, representing around 30,000 workers, has initiated an indefinite strike to push for improved pay and benefits. This decision followed a three-day general strike where the union claims management showed no interest in negotiations. Samsung Electronics disputes any disruptions in production, stating its commitment to dialogue. The union asserts that around 6,500 workers have participated in the strike and urges more members to join. Samsung Electronics, a key player in memory chips, smartphones, and TVs, is part of the Samsung Group, historically resistant to unions until 2020. Despite the strike, Samsung Electronics foresees a significant profit increase for the second quarter of 2024 due to the AI technology boom driving chip prices up. The strike's impact on production remains uncertain, with differing perspectives on potential disruptions.
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Samsung union stages its first ever strike https://news.ycombinator.com/item?id=40606802
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