The Korea Times
Korea's top economic and financial policymakers on Thursday called for the prompt settlement of a labor dispute at Samsung Electronics Co., warning that a possible strike could threaten the country's economy amid a semiconductor supercycle. Finance Minister Koo Yun-cheol and other heads of financial authorities made the joint remarks during a meeting on the potential fallout from a planned walkout by Samsung Electronics workers, according to the Ministry of Finance and Economy. The meeting was attended by Bank of Korea Gov. Shin Hyun-song; Lee Eog-weon, chairman of the Financial Services Commission; and Lee Chan-jin, governor of the Financial Supervisory Service. "The participants expressed concern that a strike by Samsung Electronics workers could pose a significant risk to economic growth, exports and the financial market," the finance ministry said in a release. "They highlighted that there should never be a strike and that the issue should be promptly settled through principle-based negotiations," it added. Samsung Electronics and its workers failed to reach an agreement Wednesday aft
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