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Samsung Workers Strike in South Korea

South Korean Samsung Workers Launch Indefinite Strike>

Summary:
Thousands of South Korean workers at Samsung Electronics, the world’s largest chipmaker, have initiated an indefinite strike, aiming to impact the production of high-tech semiconductors. The strike follows months of stalled negotiations with management, with the National Samsung Electronics Union demanding pay raises, a more transparent bonus system, and an annual holiday to celebrate the union’s founding.
This marks the first indefinite strike in Samsung’s history, a company known for its anti-union stance since founder Lee Byung-chul’s era. Experts suggest Samsung’s lack of experience in labor relations could exacerbate the standoff. South Korea’s high-tech factories, including Samsung’s, are heavily automated due to the country’s low birthrate and controlled immigration, but skilled labor remains crucial.
South Korea has a low unionization rate, with only 13.1% of wage earners in unions. Historically, labor movements were tied to pro-democracy efforts, often viewed negatively by the public. The ongoing Samsung strike represents a shift towards more peaceful and legal protests compared to past militant tactics.

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