Samsung Elec talks with union end without result, union says

Samsung Electronics and representatives from its largest workers’ union in South Korea held talks on Tuesday, but the discussions concluded without any resolution, according to the union.

The union, which has been on an indefinite strike since earlier this month over issues related to pay and benefits, reported that the differences between the two sides remain too significant to reach an agreement. Lee Hyun-kuk, vice president of the National Samsung Electronics Union, which represents around 30,000 members—nearly a quarter of Samsung’s South Korean workforce.

Union officials have requested that Samsung present a new proposal by July 29 and plan to continue negotiations through July 31.

Analysts have noted that a prolonged strike involving key personnel could exacerbate challenges for Samsung, the world’s leading memory chipmaker, as it contends with increasing competition in the semiconductor market, particularly for chips used in artificial intelligence.

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