Samsung Electronics Union: Wage Negotiations with Management to Resume on 18th
The labor union at South Korea's Samsung Electronics announced that it will resume wage negotiations with the company on the 18th under government mediation. This move could ease concerns about a large-scale strike.
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- 📰 Published: May 16, 2026 at 18:23
- 🔍 Collected: May 16, 2026 at 18:31 (7 min after Published)
- 🤖 AI Analyzed: May 16, 2026 at 18:56 (24 min after Collected)
Central News Agency, Seoul, 16th - The union at South Korea's Samsung Electronics said today that it will resume wage talks with management on the 18th, mediated by a government official. The move could ease concerns that the tech giant might face a disruptive strike.
Reuters reported that the Samsung Electronics union said in a statement today that management has replaced its negotiators and that the two sides will hold separate individual meetings later today.
Shortly before this announcement, Samsung Electronics Chairman Lee Jae-yong made his first public remarks on the labor dispute, apologizing to customers and the public.
"I offer my sincere apologies to our global customers for the anxiety and concern caused by internal issues at the company," Lee said. He also offered a "deep bow of apology to the public."
After labor talks at Samsung Electronics broke down this week, South Korea's labor minister met with Samsung Electronics management today, urging the company to actively resolve the labor dispute through dialogue.
South Korean government officials, including the Prime Minister and the Minister of Economy and Finance, have expressed concerns that a strike at Samsung must be avoided at all costs, warning it could pose significant risks to economic growth, exports, and financial markets.
The Samsung union said yesterday that the planned strike would still go ahead next week, even if the company offered to unconditionally resume wage talks. (Compiled by: Liu Shu-qin) 1150516
Reuters reported that the Samsung Electronics union said in a statement today that management has replaced its negotiators and that the two sides will hold separate individual meetings later today.
Shortly before this announcement, Samsung Electronics Chairman Lee Jae-yong made his first public remarks on the labor dispute, apologizing to customers and the public.
"I offer my sincere apologies to our global customers for the anxiety and concern caused by internal issues at the company," Lee said. He also offered a "deep bow of apology to the public."
After labor talks at Samsung Electronics broke down this week, South Korea's labor minister met with Samsung Electronics management today, urging the company to actively resolve the labor dispute through dialogue.
South Korean government officials, including the Prime Minister and the Minister of Economy and Finance, have expressed concerns that a strike at Samsung must be avoided at all costs, warning it could pose significant risks to economic growth, exports, and financial markets.
The Samsung union said yesterday that the planned strike would still go ahead next week, even if the company offered to unconditionally resume wage talks. (Compiled by: Liu Shu-qin) 1150516