Thursday, 21 May, 2026
Samsung Avoids Chip Plant Strike With Last-Minute Union Deal
By TechShots Studio
Samsung Electronics reached a wage agreement with its workers’ union, preventing a potential strike at its semiconductor plants. The deal includes bonuses and pay hikes, which union leaders called a meaningful win, though benefits remain lower than those offered by rival SK Hynix. The agreement comes as Samsung faces growing pressure in the global AI chip and memory market competition.
Read full story at reuters