Unionized workers of Samsung Electronics vote to accept wage deal
Source: Yonhap News
SEOUL, May 27 (Yonhap) -- Unionized workers at Samsung Electronics voted to approve a wage agreement, the union said Wednesday, easing concerns about potential disruptions to the global supply chain.
In the six-day vote, 73.7 percent of the 62,616 members of the tech giant's two largest unions approved the tentative deal. The agreement was finalized after a majority of eligible voters took part in the vote and a majority voted in favor of the proposal.
The labor union and management reached the agreement just an hour before an 18-day strike was set to begin at the world's top memory chipmaker last Thursday.
Labor and management had been deadlocked since late last year over performance-based bonuses tied to earnings from the company's artificial intelligence-related semiconductor business amid the ongoing global memory chip boom.
Read more: https://en.yna.co.kr/view/AEN20260527003300320