The Samsung Electronics National Union (NSEU), the company’s largest union, is leading a strike at Samsung’s Seoul office over protracted negotiations over bonuses and leave.
Most of the strikers are employees of Samsung’s chip unit, which recently reported massive losses of 15 trillion won ($11 billion) and hit a 15-year low in operating profit. Rising demand for artificial intelligence has intensified competition; Local rival SK Hynix has surpassed Samsung in the production of high-bandwidth memory chips.
Source: Ferra
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