Samsung employees return to work after strike fails to win concessions


Members of the National Samsung Electronics Union (NSEU) during a press conference in front of the house of Jay Y. Lee, chairman of Samsung Electronics Co., in Seoul, South Korea, on Thursday, Aug. 1, 2024. Samsung Electronics and its largest labor union failed to reach a compromise in their wage talks amid an ongoing strike. — Bloomberg

SEOUL, South Korea: Thousands of unionised workers at Samsung Electronics in South Korea, who had declared an indefinite strike last month, had returned to work by Aug 5 after failing to win concessions from the global tech giant.

It was the first unionised action in the decades-long history of Samsung, one of the world’s biggest makers of computer chips. But the striking employees, numbering roughly 6,500 or so, accounted for only a fraction of union membership and a sliver of the company’s total workforce. Most of them were back at work by Monday, according to Lee Hyun Kuk, the vice president of the Nationwide Samsung Electronics Union.

For months, the union and the company have failed to reach an agreement on wages, bonuses and vacation days for the workers. In June, union members went on a single-day strike as a warning before starting the indefinite walkout in July. All along, Samsung emphasised that the labour action would not disrupt its operations, a position it reiterated last week.

But the financial burden of a prolonged, unpaid strike on employees forced union leaders to issue a back-to-work order last week.

“Twenty-five days into the strike, and we have nothing in our hands yet,” Son Woo-mok, the president of the union, told members Thursday. “I feel responsibility as the union leader that we haven’t brought about any results to the union members who have been participating in the strike while going without pay.”

The union, which has more than 31,000 members, plans to hold guerrilla strikes, or blitz walkouts, but didn’t disclose the frequency or number of planned strikes. “This is not a loss, but a change of tactics,” Son said.

Union leaders last week held a news conference outside Samsung Chair Lee Jae-yong’s house in Seoul, imploring him to take action. But Lee was in Paris, meeting with other business leaders who were also attending the Olympics.

Last month, Samsung released the latest lineup of its electronic devices – including the Galaxy Fold 6 phone and smartwatches – as scheduled. The conglomerate’s electronics division employs about 260,000 people worldwide. – The New York Times

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Tech News

Meta not ending fact-checks outside US yet, fails to appease Brazil
A possible US TikTok ban is just days away. A list of other apps available
Nintendo Alarmo clock now available from local retailer, priced at a steep RM899
Cutting-edge AI to find missing relatives at ancient Kumbh Mela
French woman faces cyberbullying after falling for fake Brad Pitt
TikTok preparing for U.S. shut-off on Sunday, The Information reports
TikTok calls report of possible sale to Elon Musk’s X ‘pure fiction’
ChatGPT will soon be able to�remind you to walk the dog
Apple wants to keep diversity programmes disavowed by other US firms
Powerfoyle technology can keep small electronic devices running forever

Others Also Read