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Samsung shares soar as strike averted, but bonuses of $416,000 for some stoke concern

Samsung shares soar as strike averted, but bonuses of $416,000 for some stoke concern

By Kyu-seok Shim and Heekyong Yang PYEONGTAEK, South Korea, May 21 (Reuters) - Samsung Electronics' shares surged on Thursday after it clinched an 11th-hour deal with its South Korean union to avert a strike, although the terms which included bonuses of around $416,000 for some workers gave rise to
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Samsung pay deal brings relief but exposes divisions in South Korean city

Samsung pay deal brings relief but exposes divisions in South Korean city

By Kyu-seok Shim and Hyunjoo Jin PYEONGTAEK, South Korea, May 21 (Reuters) - Around Samsung Electronics' sprawling chip complex southwest of Seoul, workers and residents have met news of a last-gasp pay agreement to prevent a strike with both relief and concern.
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Explainer-What are Samsung union workers demanding and how might a strike play out?

Explainer-What are Samsung union workers demanding and how might a strike play out?

SEOUL, May 19 (Reuters) - South Korean memory chip maker Samsung Electronics is facing its worst-ever strike, with nearly 48,000 workers threatening to walk off production lines on Thursday for 18 days over a dispute about bonus payouts. Here are key things to know: WHAT DOES SAMSUNG'S UNION WANT?
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Samsung Elec, union begin eleventh-hour talks to avert huge strike, stuck on a key issue

Samsung Elec, union begin eleventh-hour talks to avert huge strike, stuck on a key issue

By Heekyong Yang and Hyunjoo Jin SEJONG, South Korea, May 20 (Reuters) - Samsung Electronics' management and its labour union resumed talks on Wednesday with only one day to go before a planned major strike that threatens the health of South Korea's economy and could disrupt the global supply of
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Samsung Electronics' shares jump after tentative wage deal suspends strike

Samsung Electronics' shares jump after tentative wage deal suspends strike

SEOUL, May 21 (Reuters) - Samsung Electronics' shares rose as much as 6.5% in morning trade on Thursday after the tech giant and its South Korean union reached a tentative pay deal, potentially averting a strike that had threatened to hit the economy and undermine global chip supply chains.
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Explainer-South Korea weighs emergency step to blunt blow from Samsung strike

Explainer-South Korea weighs emergency step to blunt blow from Samsung strike

By Jack Kim SEOUL, May 20 (Reuters) - Samsung Electronics' labour union plans to embark on a massive 18-day strike on Thursday after bonus payment talks with management collapsed and attention is now focused on whether the government will issue an emergency arbitration order.
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Samsung faces strike after pay talks with union fall apart

Samsung faces strike after pay talks with union fall apart

Management and union leaders at Samsung Electronics have failed to reach a last-minute deal over wages
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Samsung's union puts off strike after reaching last-minute wage deal with management

Samsung's union puts off strike after reaching last-minute wage deal with management

Samsung Electronics’ labor union says it’ll hold off a planned strike and put a tentative wage deal with management to a vote
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Samsung Electronics Reaches Tentative Agreement to Avoid Memory Chip Strike

Samsung Electronics Reaches Tentative Agreement to Avoid Memory Chip Strike

Samsung Electronics Reaches Tentative Agreement to Avoid Memory Chip Strike
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Samsung Electronics and union extend talks to avert strike threatening global supply chains

Samsung Electronics and union extend talks to avert strike threatening global supply chains

By Heekyong Yang and Hyunjoo Jin SEJONG, South Korea, May 18 (Reuters) - Samsung Electronics and its labour union plan to hold more talks on Tuesday in a bid to avert the biggest strike in the tech giant's history, amid concern that a walkout by more than 45,000 workers could hit South Korea's
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Samsung, labour union meet again as Seoul threatens to intervene to block strike

Samsung, labour union meet again as Seoul threatens to intervene to block strike

By Hyunjoo Jin SEOUL, May 19 (Reuters) - Samsung Electronics and its South Korean labour union began another round of talks on Tuesday to break an impasse in bonus negotiations, after dialogue on Monday did not produce an agreement.
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China's top flash-memory chipmaker YMTC begins pre-IPO coaching with investment bank

China's top flash-memory chipmaker YMTC begins pre-IPO coaching with investment bank

BEIJING, May 19 (Reuters) - China's top flash memory chipmaker YMTC has begun the so-called "tutoring" process for a potential initial public offering, where a company receives formal pre-IPO guidance from an investment bank, a regulatory filing showed on Tuesday.