Samsung Electronics' unionized workers to hold press conference amid strike plan

Unionized workers at Samsung Electronics said Thursday they plan to hold a press conference next week after members voted to launch a general strike over performance-based bonuses. The workers will hold the event near the residence of Samsung Electronics Chairman Lee Jae-yong in Seoul on Monday, announcing plans to demand that management remove a cap on bonuses and grant a 7 percent wage increase, along with greater transparency in calculating performance-based bonuses. "The wage negotiations for 2026, which have run for months, have ended without an agreement," the union said. "As management did not accept our reasonable requests to improve policies, we have decided to launch collective action." The workers plan to hold a demonstration in Pyeongtaek, south of Seoul, on April 23, ahead of a planned strike scheduled to run from May 21 to June 7. On Wednesday, union officials said 93.1 percent of 66,000 participants supported the strike plan in a vote that began March 9. More than 73 percent of a combined 90,000 members of three labor unions, including the National Samsung Electronics Union