SEOUL, May 20 (Reuters) – Samsung Electronics and its South Korean labour union reached a preliminary pay deal on Wednesday, potentially averting a planned lengthy strike that threatened to disrupt the production of AI and other chips. The labour union said it had decided to suspend a general strike and put the tentative agreement to […]
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Samsung Elec’s South Korean labour union to vote on tentative pay plan -union
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SEOUL, May 20 (Reuters) – Samsung Electronics and its South Korean labour union reached a preliminary pay deal on Wednesday, potentially averting a planned lengthy strike that threatened to disrupt the production of AI and other chips.
The labour union said it had decided to suspend a general strike and put the tentative agreement to a vote by union members.
The vote will take place from May 23 to May 28, according to the union’s website.
(Reporting by Hyunjoo Jin, Joyce Lee and Heekyong Yang; Editing by Alex Richardson)