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THE BIZNOB – Global Business & Financial News – A Business Journal – Focus On Business Leaders, Technology – Enterpeneurship – Finance – Economy – Politics & LifestyleTHE BIZNOB – Global Business & Financial News – A Business Journal – Focus On Business Leaders, Technology – Enterpeneurship – Finance – Economy – Politics & Lifestyle

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Working Environment Samsung Union claims that talks with the electric company had failed.

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image credit:veeteezy.com/ Samsung logo on transparent background

The largest South Korean workers’ union representing Samsung Electronics  met with company representatives on Tuesday, but the union said the talks broke down without producing any outcomes.
The union’s indefinite strike over wages and benefits began earlier this month.
According to Lee Hyun-kuk, a YouTube live broadcaster and VP of the National Samsung Electronics Union—a group representing nearly 25% of the South Korean workforce with 30,000 members—the gulf between the two camps is too great to bridge.

The union demanded that the employer submit a fresh proposal for negotiations no later than July 29 and stated that they intended to continue holding final discussions with the employer until July 31.
According to analysts, Samsung, the largest memory chipmaker in the world, may face even more difficulties in navigating competition in artificial intelligence chips if a key employee goes on a protracted strike.
According to Samsung, chip manufacturing has been unaffected by the strike.

 


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