Samsung Electronics unionized workers in South Korea have made the decision to launch an indefinite strike in order to push for their demands regarding wages and work conditions. The strike, which began on Monday, involves around 2,000 workers at Samsung’s factories in Suwon, Pyeongtaek, and Hwaseong.
The workers, who are members of the Korean Metal Workers’ Union (KMWU), have been in negotiations with Samsung management for months, but have been unable to reach a satisfactory agreement. The union is demanding a 6.3% increase in base pay, a one-time bonus equivalent to three months’ salary, and improved working conditions.
The unionized workers have expressed frustration with what they see as Samsung’s unwillingness to address their concerns. They argue that the company’s profits have been steadily increasing, while their wages have remained stagnant and their working conditions have deteriorated. They also point to the fact that Samsung’s top executives receive generous bonuses and compensation packages, while frontline workers struggle to make ends meet.
In a statement, the KMWU said, “We have no choice but to go on strike to protect our rights and demand fair treatment from Samsung. We are prepared to continue our strike for as long as it takes to achieve our goals.”
Samsung has responded by saying that it is committed to engaging in dialogue with the union and finding a mutually acceptable solution. The company has also emphasized the importance of maintaining stability in its operations and minimizing the impact of the strike on its customers and supply chain.
The strike comes at a challenging time for Samsung, as the company faces increasing competition in the global electronics market and ongoing challenges related to the COVID-19 pandemic. The outcome of the strike will have significant implications for Samsung’s reputation and its relationship with its workforce.
As the strike continues, both the unionized workers and Samsung management will need to find a way to bridge their differences and come to a resolution that is fair and equitable for all parties involved. In the meantime, the strike serves as a reminder of the importance of workers’ rights and the need for companies to prioritize the well-being of their employees.