Samsung Electronics' main South Korea union to go on indefinite strike

Samsung Electronics' biggest workers' union in South Korea said on Wednesday it will continue a strike indefinitely, stepping up its campaign against the tech giant for better pay and benefits.

The National Samsung Electronics Union (NSEU), whose roughly 30,000 members make up almost a quarter of the company's South Korean workforce, said it has decided to indefinitely extend the strike that started on Monday because management had shown no indication of holding talks.

The strike was initially planned to last three days through Wednesday. Union officials said 6,500 workers had participated in the strike, and they urged more members to join.

Samsung said the strike had caused no disruption during the first three days. Samsung's share price closed up 0.1% on Wednesday, while the benchmark KOSPI index was little changed.

(Source: Reuters)
 


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