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Samsung workers’ union announces first-ever strike for chipmaker | Up to 28,000 people at tech giant in South Korea will strike for one day on 7 June after negotiations over wages stall


Up to 28,000 people at tech giant in South Korea will strike for one day on 7 June after negotiations over wages stall

A major union representing tens of thousands of people at the South Korean tech giant Samsung Electronics said on Wednesday that workers will go on strike for the first time, potentially threatening key global semiconductor supply chains. For almost 50 years, Samsung Electronics avoided unionisation of its employees – sometimes adopting ferocious tactics, according to critics – while rising to become the world’s largest smartphone and semiconductor manufacturer. “Having 20% of its workforce on strike will significantly impact the company as a whole, especially at a time when it needs to act quickly in the ever-evolving semiconductor industry,” said Kim Dae-jong, professor of business at Sejong University.

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