Samsung (electronics company)Sānxīng三星labor union / trade uniongōnghuì工会negotiationstánpàn谈判to collapse / to break downpòliè破裂，more than (formal)yú逾more than 40,000 (people)4 wàn míng4万名workersgōngrén工人will (at a specific time)jiāngyú将于May 215 yuè 21 rì5月21日to go on strikebàgōng罢工。
May 16, 2026 at 6:00 AM
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Science & TechnologySamsung Union Talks Collapse as Over 40,000 Workers Set to Strike on May 21
Samsung Electronics union negotiations collapsed over bonus disputes, with over 40,000 workers set to begin an 18-day strike on May 21 that could cost roughly $700 million per day.
Samsung Electronics union and management ended weeks of compensation negotiations in failure this week. Over 40,000 workers plan to strike on May 21. The union demands canceling current bonus caps and incorporating 15% of company operating profits into employee bonus distribution. Both sides' disagreement stems from AI-driven memory chip profits surging while other business units suffer losses. South Korea economist estimates daily losses reach $700 million if factories halt production. An 18-day strike could result in $20 billion cumulative losses, severely impacting global high-bandwidth memory chip supply. South Korea's government has convened emergency meetings to mediate, but negotiations have not achieved breakthroughs. Samsung is the world's largest memory chip maker.
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