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Samsung narrowly avoids 18-day chip strike after last-minute wage deal with 48,000-worker union — tentative deal, subject to workers' vote, suspends billions of dollars worth of potential losses

Labor Minister Kim Young-hoon helped restart negotiations after earlier discussions broke down. Samsung’s Device Solutions negotiator, Yeo Myeong-gu, and union leader Choi Seung-ho signed the tentative agreement in Suwon. …

May 20, 2026 · Etiido Uko
2 sources covering this — show 1 more
tomshardware.com › tech-industry

Samsung's critical union negotiations break down eight days before planned 18-day chip factory strike that's projected to cost $700 million per day — Korean PM calls emergency meeting as strike looms

Government-mediated negotiations between Samsung Electronics and its largest labor union fell apart on Wednesday, according to Reuters , leaving just eight days before an 18-day strike that could shut down much of the world's biggest memory chip operation. …

May 13, 2026 · Luke James
tomshardware.com › tech-industry

Samsung holds desperate final talks with union over 18-day chip factory strike that could cost $20 billion — government-mediated summit seeks to avert industrial action that could hit HBM production

… The negotiations are further strained by fractures within Samsung's own workforce, with about 80% of the Super Enterprise Union's Samsung branch coming from the Device Solutions semiconductor division, per Digitimes , and its bargaining priorities reflect that, with the union focusing its negotiati… …

May 11, 2026 · Luke James
wccftech.com

Samsung Strike All Set To Go Ahead As Last-Minute Negotiations, The Threat Of A 100 Million Daily Fine, And Government Intervention All Fail [Update: Strike Averted]

… Update It appears Samsung's negotiations roulette continues unabated amid chatter of a resumption in talks, this time under the supervision of South Korea's labor minister. The clock is ticking. Update 2: Samsung's management and union representatives have reached a tentative deal. …

May 20, 2026 · Rohail Saleem