1. Samsung Electronics' union plans its first-ever strike over failed wage negotiations, demanding 6.5% pay raises and performance bonuses; 2. Management offered a 5.1% wage increase and special leave but rejected bonus demands; 3. The strike could disrupt global chip supplies and impact Samsung's competitiveness in AI chip development.
Recent #Wage Negotiations news in the semiconductor industry
1. Samsung Electronics' unionized workers plan the first full-scale strike in its 55-year history over failed wage negotiations; 2. The National Samsung Electronics Union demands improved performance bonuses and transparent salary calculation methods; 3. The potential strike could disrupt global semiconductor supply chains as Samsung holds 20% global DRAM market share.
1. Hyundai Motor Company and its labor union are in the midst of contentious wage negotiations. 2. The union has announced partial strikes for July 10th and 11th. 3. The company is also facing concerns about automation and the need to maintain competitiveness.