Tuesday, April 1, 2025

Samsung Electronics’ Labor Union to Conduct Second Round of Strikes

Newsis

For the first time since its establishment in 1969, the National Samsung Electronics Labor Union (NSELU) declared an indefinite general strike on the 10th. Originally, NSELU had planned a strike for three days from the 8th, followed by a second strike for five days from the 15th. However, they revised their plans and started an indefinite strike on the 10th.

NSELU posted a statement on its website, stating, “We are going straight into an indefinite general strike as the management did not attempt any dialogue during the first strike period.”

The union demanded the management guarantee one day of leave for union establishment, a base pay increase rate of 3.5% for all union members, improvement of the performance-related pay system, and compensation for economic losses due to the strike.

NSELU told its members, “Your determination is needed to bring our goals and victory forward,” and asked them not to go to work until the executive guidelines are announced.

According to NSELU, 6,540 people expressed their intention to participate in the general strike on the 8th, with 5,211 from the departments of semiconductor equipment, manufacturing, and development (process).

NSELU set the purpose of the strike as production disruption, stating, “Regardless of the automation of the semiconductor factory, production disruption is inevitable without the personnel for equipment and inspection.”

However, the management explained that there have been no production disruptions so far, and the lines are operating normally. An industry insider said, “The number of participants has decreased since the first day of the general strike, indicating that the strike momentum is waning.”

NSELU is the largest labor union in the company with over 31,000 members. This is about 24.8% of the total number of Samsung Electronics employees (approximately 125,000).

Hot this week

POCO F7 Pro Packs Snapdragon 8 Gen 3 and 120Hz Display—All Under $500

Xiaomi's POCO F7 Pro and Ultra launched in Singapore, featuring sleek designs, impressive specs, and competitive pricing for South Korea.

Lunar Ambitions Accelerate as Korea Develops Rover Propulsion System

KERI transfers electric powertrain tech to UEL for lunar rovers, aiming for self-sufficiency in space exploration by 2032.

German Woman, 66, Gives Birth to 10th Child—Naturally

A 66-year-old German woman, Alexandra Hildebrandt, gives birth to her 10th child naturally, emphasizing health and family joy.

Trump Warns Putin: Ceasefire or Face Tariffs on Russian Oil

Trump grows impatient with Russia over ceasefire negotiations in Ukraine, threatening tariffs on Russian oil if no agreement is reached.

Gold Tops $3,100 for the First Time Ever as Inflation Fears Mount

Gold prices have exceeded $3,100 per ounce, driven by inflation concerns and a downturn in U.S. stock markets.

Topics

POCO F7 Pro Packs Snapdragon 8 Gen 3 and 120Hz Display—All Under $500

Xiaomi's POCO F7 Pro and Ultra launched in Singapore, featuring sleek designs, impressive specs, and competitive pricing for South Korea.

Lunar Ambitions Accelerate as Korea Develops Rover Propulsion System

KERI transfers electric powertrain tech to UEL for lunar rovers, aiming for self-sufficiency in space exploration by 2032.

German Woman, 66, Gives Birth to 10th Child—Naturally

A 66-year-old German woman, Alexandra Hildebrandt, gives birth to her 10th child naturally, emphasizing health and family joy.

Trump Warns Putin: Ceasefire or Face Tariffs on Russian Oil

Trump grows impatient with Russia over ceasefire negotiations in Ukraine, threatening tariffs on Russian oil if no agreement is reached.

Gold Tops $3,100 for the First Time Ever as Inflation Fears Mount

Gold prices have exceeded $3,100 per ounce, driven by inflation concerns and a downturn in U.S. stock markets.

Oil Rally Ends as Stagflation Fears Shake Market Confidence

Fears of U.S. stagflation have lowered oil prices, ending Brent crude's week-long rally despite weekly gains.

Wall Street Slammed by Stagflation Fears—Nasdaq Tanks 2.7%

US stocks plummeted amid stagflation fears, with consumer confidence hitting a three-year low and tech shares suffering significant losses.

Golf Diplomacy? Vietnam Courts Trump to Dodge Tariffs

Vietnam seeks to navigate U.S. tariffs through diplomacy, including golf, while maintaining a significant trade surplus.

Related Articles