Samsung Electronics voiced disappointment Wednesday following the breakdown of wage negotiations with its South Korean labor union, expressing worry that the failed talks could create unease among workers, investors, and the general public.
The tech giant indicated it would maintain efforts to avoid a worst-case outcome through what the company characterized as “sincere dialogue” with union representatives.
Earlier Wednesday, union leadership announced they had been unable to secure a wage agreement with Samsung management, cautioning that over 50,000 employees might proceed with an 18-day work stoppage beginning May 21. Such a strike could interfere with the manufacturing of artificial intelligence processors and other semiconductor products.
