The Korea Times
The global tech industry is paying close attention to Samsung Electronics labor unions’ threat to launch a strike beginning May 21 unless the company removes a cap on performance-based bonuses. Beyond the potential losses that the strike could inflict on Samsung — estimated at around 1 trillion won ($680 million) a day — and possible disruptions in the memory chip supply chain worldwide, the threat poses a broader test for Korea: It raises questions over how exceptional corporate gains should be shared, what precedent the dispute could leave behind and how public sentiment and political interests may shape that outcome. Another point making this strike threat notable is the limited support it has drawn. Even considering that the union leading the dispute among the company's five unions — Samsung Electronics Labor Union (SELU) — is not affiliated with either of Korea’s two umbrella labor groups, politicians and civic groups have largely refrained from voicing solidarity. Even the labor-friendly Lee Jae Myung administration has signaled opposition to the potential strike, ind
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