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Samsung Elec’s South Korean labour union to vote on tentative pay plan -union

By Thomson Reuters May 20, 2026 | 8:47 AM

SEOUL, May 20 (Reuters) – Samsung Electronics and its ​South Korean ‌labour union reached a preliminary pay deal on Wednesday, ‌potentially ​averting a ⁠planned lengthy ⁠strike that threatened to disrupt the production of AI ​and other chips.

The labour ⁠union said ⁠it had ​decided to suspend ​a general strike and ‌put the tentative agreement to a vote ⁠by union members.

The vote will take place from ⁠May ‌23 to ⁠May 28, ​according ‌to the union’s ​website.

(Reporting ⁠by Hyunjoo Jin, Joyce Lee and Heekyong Yang; Editing by Alex ​Richardson)