Samsung, South Korea
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Samsung Electronics, labor union to resume talks
Samsung Electronics, labor union to resume talks This image, taken on May 17, 2026, shows the headquarters of Samsung Electronics Co., a day before its labor union resumes government-led mediation talks,
Dua Lipa is suing Samsung Electronics for $15 million over claims it used her image on TV packaging without permission.
Prime Minister Kim Min-seok urged Samsung Electronics and its labor unions to reach a last-minute agreement ahead of a planned general strike, warning that a walkout at the country’s largest chipmaker could inflict “fatal damage” to Korea’s economy.
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Samsung Electronics recovers $66 billion intraday wipeout after Seoul steps in to calm strike fears
Samsung Electronics reversed steep intraday losses after South Korea’s government urged labor and management to resume talks.
SEOUL, May 16 (Reuters) - Samsung Electronics Chairman Jay Y. Lee apologised to customers and the public on Saturday over the company's wage dispute with its South Korean labour union ahead of a possible strike that could shake the economy.
Samsung Electronics has initiated an emergency production management regime for its semiconductor division, exactly one week before a scheduled general strike.
Samsung Electronics manages a wide portfolio of products, making everything from fridges to phones. Increasingly, however, its business centres on chipmaking. Semiconductors accounted for 61% of sales and 94% of operating profits in the first quarter.