Samsung Executives Make Rare Union Visit as Strike Fears Mount
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This topic is included in the Trace archive for Saturday, May 16, 2026.
Samsung Electronics Co.'s top executives made a rare visit to the leaders of the company's largest labor union to revive stalled wage negotiations after government-mediated talks collapsed. This visit comes as investor concerns mount over a potential strike, with the union threatening an 18-day walkout starting May 21 if their demands are not met.
Key Points
Samsung shares dropped 8.6% in Seoul trading as strike fears escalate.
The union plans an 18-day walkout starting May 21 if demands are unmet.
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