SamMobile has affiliate and sponsored partnerships. If you buy something through one of these links, we may earn a commission.

News For You
News For You
Notifications

Samsung workers threaten to strike in Korea over salary negotiations

Business
By 

Last updated: May 4th, 2023 at 13:05 UTC+02:00

Last month, Samsung announced an average salary hike of 4.1% for the company's workforce in South Korea. According to the tech giant, this decision was taken in agreement with the labor-management council, which includes employer and employee representatives.

However, unionized laborers at the company say that the labor-management council doesn't represent their interests. The decision to hike salaries by an average of 4.1% was taken without the union's consent. Unhappy with how Samsung handled the matter, unionized workers have threatened to go on strike if the company doesn't open a dialogue to negotiate their salaries directly with the union.

Samsung Electronics announced the final agreement without the consent of the union. We will join hands with other unions to fight to bring the company to the dialogue table and make it accept us,” said the labor union in a press conference today. According to unionized workers, the union is the only body that has the right to bargain on their behalf.

Samsung has around 1,21,00 workers in South Korea, and 7.4% of those are unionized laborers who are distributed between four labor unions. Samsung had long been criticized for preventing workers from forming unions. In 2010, however, Lee Jae-Yong, CEO of the company, promised to improve the relationship between the management and laborers. With that precedent, the first union was created in 2018.

Samsung Unionised Workers Threaten Strike

Business Samsung Electronics
Galaxy AI summarized

Scroll for more related content
News For You

You might also like

Samsung and Sony stand between us and the ugliest Android phones in history

Samsung and Sony stand between us and the ugliest Android phones in history

They say beauty is in the eye of the beholder. There might be a lot of truth to that. People can be subjective when they judge what looks good and what doesn't. However, there are also rules to design and aesthetics. For example, it turns out that most people find symmetry attractive. So, when it […]

  • By Mihai Matei
  • 5 days ago
Samsung got the most Diamond certs for home appliance IoT security

Samsung got the most Diamond certs for home appliance IoT security

Earlier this year, two Samsung home appliances received high praise and level ‘Diamond' certifications from UL Solutions for their high IoT security. Those two home appliances were the Bespoke 4-Door Flex refrigerator and the Bespoke Jet Bot Combo AI vacuum cleaner. Today, Samsung announced it received even more awards and has just become the company […]

  • By Mihai Matei
  • 1 week ago
Samsung is almost making perfect sense of its product portfolio

Samsung is almost making perfect sense of its product portfolio

Very few consumer electronics companies get close to Samsung's level regarding the amount of stuff it manufactures. Not for nothing has Samsung earned the label of a consumer electronics giant. However, being so prolific doesn't come without issues, and one downside that customers might have had to deal with first-hand over the years is confusion. […]

  • By Mihai Matei
  • 2 weeks ago
Samsung sold 1.5M AI consumer electronics in Korea this year so far

Samsung sold 1.5M AI consumer electronics in Korea this year so far

Without a doubt, 2024 is the year of AI for Samsung. Part marketing and part a real push to create better devices and a smarter IoT ecosystem, the AI strategy appears to be paying off. Samsung announced today that it sold more than 1.5 million AI-powered home appliances, i.e., consumer electronics, in Korea during the […]

  • By Mihai Matei
  • 2 weeks ago
Samsung opens a brand-new Premium Experience Store in India

Samsung opens a brand-new Premium Experience Store in India

Today, Samsung expanded its retail presence in India by opening two new Premium Experience Stores. One is in New Delhi, while the other is in Mohali, Punjab. These stores will be a one-stop destination for buying, experiencing, and servicing new Samsung products. First Samsung Premium Experience Store opens in Mohali, Punjab in India Samsung has […]

  • By Asif Iqbal Shaik
  • 2 weeks ago
A new Samsung Experience Store is now open in New Delhi

A new Samsung Experience Store is now open in New Delhi

Samsung is expanding its retail footprint in India, and today, the company announced it has opened a new Premium Experience Store in New Delhi. The retail space has an area of 1,150 square feet (106m) and is located at the Ambience Mall in Vasant Kunj. Although relatively small compared to other spaces, the new store […]

  • By Mihai Matei
  • 2 weeks ago