… The deal passed on Wednesday with 74 per cent of the company’s labour union voting in favour. The union had threatened strike action if the world’s biggest memory-chip maker kept sitting on the cash. …
… National Samsung Electronics Union chair Choi Seung-ho said members would vote before 27 May on the deal. He promised to do his “utmost to help stabilise labour-management relations at Samsung Electronics”. The union told members to show up for work as usual on Thursday. …
… National Samsung Electronics Union acting chair Woo Ha-kyung said negotiations had collapsed because management made a one-off offer. The unions want bonuses written into contracts instead. Samsung said it would “continue to make efforts to reach an agreement with the union”. …