Thousands of Samsung Electronics workers in South Korea have gone on an indefinite strike over demands for higher pay and better working conditions. The strike, which began on July 10th, involves workers at Samsung’s semiconductor plants in Hwaseong and Pyeongtaek, key facilities that produce memory chips and other components. The labor union is seeking an increase in the basic monthly salary, improved transportation support, and better health benefits. Samsung, one of the world’s largest chipmakers, has faced criticism for its treatment of workers and has been urged to address long-standing grievances. The strike could potentially disrupt Samsung’s production and supply chain operations, adding further strain to the global semiconductor industry already grappling with shortages and economic uncertainties. Both sides are under pressure to reach a resolution as the prolonged strike could have significant financial implications.
Source: https://www.cnn.com/2024/07/10/tech/south-korea-samsung-indefinite-strike-intl-hnk/index.html