Samsung union suspends 18-day chip plant strike (opens in new tab)

Samsung Electronics and its largest labor union reached a tentative wage agreement on May 20, suspending an 18-day strike that had been scheduled to begin May 21 at the company's South Korean semiconductor operations. The union said it would put the deal to a member vote and keep the walkout on hold until further notice. The dispute centered on performance bonuses and profit-sharing after earlier talks collapsed, with the union pressing for a larger share of operating profit and the removal o...