Samsung Electronics proposes unconditional talks with union; strike plan holds

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May 14, 2026 9:27 PM EDT

FILE PHOTO: Samsung Electronics’ labour union members chant slogans during a protest against company’s compensation levels ahead of a planned lengthy strike in front of Samsung Electronics semiconductor plant in Pyeongtaek, South Korea, April 23, 2026

SEOUL, May 15 (Reuters) - ‌Samsung Electronics' ​South ​Korean labour union said on Friday the tech company had proposed ‌resuming talks without conditions, days after government-mediated ⁠negotiations over pay and bonus schemes collapsed.

The union ‌said it was willing ‌to hold talks after June 7, while maintaining plans for a strike from ​May 21 that could disrupt production at the world's biggest memory chipmaker.

Samsung Electronics ⁠shared a statement confirming its offer of unconditional talks, though ​it did not immediately provide further comment.

Samsung's union said on Thursday it ​would sit down for talks ‌if the company presented a detailed proposal addressing the union's demands ⁠by 0100 GMT on Friday.

South Korean government officials, including the prime minister and finance minister, ⁠have voiced concerns that a strike at Samsung ​should be avoided at all costs, warning it could pose significant risks to economic growth, exports and markets.

Shares ‌of Samsung Electronics were trading down 2% in morning trade after ‌the company's proposal for unconditional talks, compared ⁠with a 1.1% ‌decline in the ​benchmark KOSPI.

(Reporting by Heekyong Yang, Hyunjoo Jin and Kyu-seok ShimEditing by Ed ‌Davies)


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