Samsung and labor union resume negotiations to avert large strike
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The National Samsung Electronics Union is threatening an 18-day walkout starting May 21, with up to 50,000 workers ready to join if bonus demands aren't met.
Key facts
The National Samsung Electronics Union is threatening an 18-day walkout starting May 21, with up to 50,000 workers ready to join if bonus demands aren't met
Potential losses from operational disruptions could exceed 40 trillion Korean won, roughly $28 billion
The National Samsung Electronics Union (NSEU) has set a May 21 deadline for a walkout lasting up to 18 days if the two sides can’t close a widening gap on bonuses and wages
Samsung management has countered with a 10% allocation plus a one-time payment in 2026
Summary
Samsung Electronics and its largest labor union are heading back to the negotiating table on Monday, racing to prevent a strike that could idle tens of thousands of workers at the world’s largest memory chipmaker. The National Samsung Electronics Union (NSEU) has set a May 21 deadline for a walkout lasting up to 18 days if the two sides can’t close a widening gap on bonuses and wages. The core dispute comes down to how Samsung shares its profits with the people who make the chips. Samsung management has countered with a 10% allocation plus a one-time payment in 2026.