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Samsung Electronics proposes unconditional talks with union; strike plan holds

By Thomson Reuters May 14, 2026 | 8:27 PM

SEOUL, May 15 (Reuters) – Samsung Electronics’ South Korean labour union said on Friday the tech company had ​proposed resuming talks without conditions, ‌days after government-mediated negotiations over pay and bonus schemes collapsed.

The union said it was willing to hold talks after June 7, ‌while ​maintaining plans for ⁠a strike from May ⁠21 that could disrupt production at the world’s biggest memory chipmaker.

Samsung Electronics shared a statement confirming its ​offer of unconditional talks, though it did not immediately provide further ⁠comment.

Samsung’s union said on ⁠Thursday it would sit down ​for talks if the company presented ​a detailed proposal addressing the union’s demands ‌by 0100 GMT on Friday.

South Korean government officials, including the prime minister and finance minister, have voiced ⁠concerns that a strike at Samsung should be avoided at all costs, warning it could ⁠pose ‌significant risks to economic growth, exports ⁠and markets.

Shares of Samsung Electronics ​were ‌trading down 2% in ​morning trade ⁠after the company’s proposal for unconditional talks, compared with a 1.1% decline in the benchmark KOSPI.

(Reporting by Heekyong Yang, Hyunjoo Jin and Kyu-seok ShimEditing by ​Ed Davies)