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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

… Samsung had resisted those demands, arguing that profit-sharing across its businesses was complicated because its booming memory division and weaker logic/foundry operations were performing very differently. The breakthrough caps months of escalating labor unrest. …

May 20, 2026 · Etiido Uko
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