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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

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.

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

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

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?

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.

Asian shares trade mixed and Kospi falls 3% as oil prices keep swinging

Asian shares trade mixed and Kospi falls 3% as oil prices keep swinging

Asian shares are mixed as uncertainty about what will happen with the Iran war roils global markets

Wall Street points lower and oil prices remain above $100 with Iran a dominant force in markets

Wall Street points lower and oil prices remain above $100 with Iran a dominant force in markets

Wall Street is leaning toward losses and oil prices remain above $100 per barrel as uncertainty about a resolution in the Iran war continues to be the biggest drag on markets

AI Glasses as Emerging Platform Raises Industry Concerns for 2026

AI Glasses as Emerging Platform Raises Industry Concerns for 2026

AI Glasses as Emerging Platform Raises Industry Concerns for 2026

Global shares trade mixed and Kospi falls 3% as oil prices keep swinging

Global shares trade mixed and Kospi falls 3% as oil prices keep swinging

Global shares are mixed as uncertainty about what will happen with the Iran war roils global markets

South Korea says it will pursue all options to avoid Samsung strike

South Korea says it will pursue all options to avoid Samsung strike

SEOUL, May 17 (Reuters) - South Korea will pursue all options, including emergency arbitration, to avoid a labour strike at the country's biggest employer Samsung Electronics and to minimise any damage if one does occur, its prime minister said on Sunday.

Samsung Electronics and its South Korean union resume pay talks as strike risks loom

Samsung Electronics and its South Korean union resume pay talks as strike risks loom

By Heekyong Yang SEOUL, May 18 (Reuters) - Samsung Electronics and its South Korean labour union are set to join a new round of government-mediated pay talks on Monday, in a bid to avert a strike at the tech giant, which accounts for nearly a quarter of the country's exports.