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Samsung Electronics ( OTCPK:SSNLF ) and representatives of South Korea’s largest union agreed to renew discussions on Friday after a strike that started final week, Reuters reported, citing representatives of the 2 firms.
What began as a three-day strike was “indefinite” final week Unionized staff at Samsung are demanding increased wages and higher advantages from the corporate.
The report additionally mentioned that Son Woo-mok, chairman of Samsung Electronics Nationwide Alliance, mentioned in a YouTube reside broadcast that the 2 sides plan to satisfy on Friday to agree on a timetable.
The union has about 30,000 members, accounting for nearly 25% of the corporate’s Korean staff.
Based on the report, Samsung mentioned it hopes to resolve the strike problem as quickly as attainable and mentioned it has proposed an unconditional resumption of dialogue.
The South Korean tech big mentioned the strike didn’t trigger disruption to chip manufacturing.
