Samsung Electronics union says company seeks unconditional talks as May 21 strike plan remains

Samsung Electronics’ South Korean labor union said May 15, 2026, the company proposed resuming negotiations without conditions, days after government-mediated talks on pay and bonus schemes broke down. The union said it is willing to hold talks after June 7, 2026, but will maintain plans to strike from May 21, 2026. The action could disrupt production at Samsung Electronics (005930.KS), the world’s largest memory chipmaker. The dispute centers on compensation and bonus terms, with potential implications for semiconductor output as global demand for memory chips remains a key focus for investors.