Samsung Union Suspends 18-Day Strike, Puts Pay Deal to May 23-28 Vote

16 articles · Updated · Reuters · May 20

Samsung Electronics' South Korean union said it will suspend a general strike and let members vote on a tentative pay agreement from May 23 to May 28.
The preliminary deal could avert a lengthy walkout that had threatened production of AI and other chips at the world's largest memory chip maker.
The union said the agreement was reached with management on Wednesday, shifting the labor dispute from strike planning to member ratification.
A successful vote would remove a near-term risk to Samsung's semiconductor output and ease concerns over broader supply disruption.

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