About 20% of Samsung employees are participating in the strike over low wages and walked off work on Friday. This happened for the first time in the history of the corporation.

Samsung employees go on strike in hopes of higher wages

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He refused to work in Samsung’s chip division, which produces RAM, NAND flash chips, USB drives and SD cards, Exynos processors, camera sensors, modems, NFC chips, and power and display controllers. Note that Samsung is typically the world’s largest chipmaker by revenue thanks to this division. Now the workers express their protest.

The fact is that last year the company stopped paying bonuses. Employees explain that some lost around 30% of their salaries.

Officially it is a one-day strike, so it will not hurt Samsung too much. According to the New York Times, it is more about demonstrating the strength of the union in the hope that company management will come to the negotiating table.

If the issue is not resolved, then, according to experts, it is difficult to predict what will happen to the tech industry during a prolonged Samsung strike. The components of this brand are found everywhere; competitors can replace them. Furthermore, this is the first strike in Samsung’s history and no one knows what it will lead to.

We previously wrote that the head of Samsung’s semiconductor division resigned due to poor financial results.

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Nikolai Tikhonov

Source: RB

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I am a professional journalist and content creator with extensive experience writing for news websites. I currently work as an author at Gadget Onus, where I specialize in covering hot news topics. My written pieces have been published on some of the biggest media outlets around the world, including The Guardian and BBC News.


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