Thousands of Samsung workers launch indefinite strike over pay
Unionized workers at Samsung Electronics in South Korea have indefinitely extended the first-ever strike at the company in a push for better pay and benefits. The National Samsung Electronics Union (NSEU) rallied its over 30,000 members on Wednesday after the company’s leadership showed no indication of holding talks with the union following a three-day walkout.
As reported by Reuters, the NSEU is demanding a 3.5 percent increase in base salary, an extra day off to mark the union’s foundation day, and a fairer bonus system between executives and lower-ranking workers. Samsung, the world’s largest maker of memory chips, announced an estimated 15x increase in operating profits for its latest quarter, following a spike in semiconductor...