Samsung Workers Extend Historic Strike Indefinitely

Workers at Samsung Electronics in South Korea have begun a historic strike over demands for higher pay, better benefits, and changes to the bonus system. The National Samsung Electronics Union (NSEU), representing about 30,000 members, initiated a three-day general strike on July 8, 2024, and subsequently declared an indefinite extension. Despite Samsung's assurance of minimal disruption to production, the union claims the strike impacts key chip manufacturing operations. The union's demands include a 3.5% wage increase, an extra day of annual leave, and greater transparency in pay structures. This strike marks the first industrial action in the company's 55-year history, highlighting significant employee dissatisfaction. Negotiations between the union and Samsung have been ongoing since January but have yet to reach a resolution.