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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

… Analysts and officials warned of potential disruptions to chip supply and major economic damage in South Korea. One estimate cited possible daily losses of around 1 trillion won if production halted, while others warned of tens of billions of dollars in broader economic risk. …

May 20, 2026 · Etiido Uko

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