Thousands of Samsung workers in South Korea have embarked on a three-day strike over pay and benefits, with the National Samsung Electronic Union claiming that production has been impacted.
However, the tech giant has denied any disruption to its operations.
The strike, which began on Monday, involves over 5,000 union members, representing more than a fifth of Samsung’s total workforce. The union has been in negotiations with management since January, but a 5.1% pay raise offer was rejected, and talks have stalled.
Park Seol, a senior union member, stated that while production may be affected, the strike aims to make the company understand the workers’ desperation. “We want them to hear our voice and understand how desperate we are,” he said.
Despite the strike, Samsung expects a significant increase in operating profits and sales in the April-June quarter, according to a regulatory filing last week. The company is the world’s largest memory chip maker and a significant player in the global high-end chip market.
The strike highlights the ongoing labor disputes in South Korea’s tech industry, with workers demanding better pay and benefits. The outcome of the strike and negotiations may have implications for the industry and Samsung’s operations.
