ReferIndia News UPDATE 2-Samsung Elec, union begin eleventh-hour talks to avert huge strike, stuck on a key issue

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UPDATE 2-Samsung Elec, union begin eleventh-hour talks to avert huge strike, stuck on a key issue

Published on: May 20, 2026, 7:45 a.m. | Source: Devdiscourse

Samsung Electronics' management and its labour union resumed talks on Wednesday with only one day to ‌go before a planned major strike that threatens the health of South Korea's economy and could disrupt the global supply of semiconductors. Under intense pressure from the government and business groups to avert a strike, the two sides are seeking to hash out a deal ‌on bonus payments before nearly 48,000 workers walk off the job for 18 days on Thursday.

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