Samsung Workers and Management Set to Restart Bonus Negotiations

Samsung Electronics and its labor union in South Korea have decided to return to negotiations regarding employee bonuses, according to a Tuesday announcement from the union.

The labor organization speaks for approximately 90,000 employees, which represents more than 70 percent of Samsung’s South Korean workforce. Just last week, these workers had given their union authorization to call a strike, creating potential concerns about work stoppages at the globe’s largest producer of memory chips.