Samsung Electronics Union Launches Indefinite Strike for Better Pay and Benefits

The National Samsung Electronics Union (NSEU) has made headlines this week as they started a three-day strike in protest for better pay and benefits for their roughly 30,000 members. The strike, which was announced on the last day of the three-day general strike, is set to continue indefinitely until their demands are met.

The NSEU claims that their actions have disrupted production at Samsung Electronics, while the company has disputed these claims, stating that they will ensure no disruptions occur in the production lines. Despite this, the union has declared a second general strike starting from July 10th, urging more members to join the industrial action.

This strike comes at a crucial time for Samsung Electronics, the world’s largest maker of memory chips, smartphones, and televisions. The company, which is the flagship unit of the South Korean conglomerate Samsung Group, has faced public scrutiny in the past for not allowing unions to represent its workers until 2020.

The announcement of the strike has had an impact on the company’s shares, which were trading flat to slightly lower on the Korea Stock Exchange. However, experts believe that there will be no significant production disruption due to the strike.

As the NSEU continues their fight for better pay and benefits, the future of Samsung Electronics and its workers remains uncertain. Stay tuned for more updates on this developing story.