Samsung Electronics, labour union fail to reach pay deal as strike looms

Samsung Electronics and its South Korean labor union failed to reach a pay deal on Wednesday, its union leader said, ahead ‌of ⁠a planned ⁠lengthy strike that threatens to disrupt production of AI and other chips.

The ​impasse followed hours of marathon talks on Monday and ​Tuesday under a ⁠government-mediated process, ‌as pressure from ​the public ​and the government ⁠mounted on Samsung workers to compromise ​on the pay deal and ​avert a strike.

"I would like to express some regret that none of the agenda items requested by ‌the union have been addressed," union representative Choi Seung-ho ​told ​reporters at ⁠about 3 a.m. local time on Wednesday.


The union has said that if ​its demands are not met, workers will strike on May 21 for 18 days.