SEOUL, May 14 (Reuters) – A threatened strike by Samsung Electronics’ union would be a significant risk to South Korea’s economic growth, exports and markets, Finance Minister Koo Yun-cheol said on Thursday. The chipmaking giant and its union failed to reach a pay deal on Wednesday, while the unionised workers plan to strike for 18 […]
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Threatened Samsung strike poses significant risk to South Korea growth, Finance Minister says
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SEOUL, May 14 (Reuters) – A threatened strike by Samsung Electronics’ union would be a significant risk to South Korea’s economic growth, exports and markets, Finance Minister Koo Yun-cheol said on Thursday.
The chipmaking giant and its union failed to reach a pay deal on Wednesday, while the unionised workers plan to strike for 18 days starting May 21.
(Reporting by Jihoon LeeEditing by Ed Davies)