{"id":32741,"date":"2024-07-01T23:29:30","date_gmt":"2024-07-02T03:29:30","guid":{"rendered":"https:\/\/newssprinters.com\/index.php\/world\/samsung-electronics-workers-to-strike-on-july-8-10-union-official-says\/01\/07\/2024\/"},"modified":"2024-07-01T23:29:30","modified_gmt":"2024-07-02T03:29:30","slug":"samsung-electronics-workers-to-strike-on-july-8-10-union-official-says","status":"publish","type":"post","link":"https:\/\/newssprinters.com\/index.php\/world\/samsung-electronics-workers-to-strike-on-july-8-10-union-official-says\/01\/07\/2024\/","title":{"rendered":"Samsung Electronics workers to strike on July 8-10, union official says"},"content":{"rendered":"<p>\n<\/p>\n<div>\n<p>By Heekyong Yang and Joyce Lee<\/p>\n<p>SEOUL (Reuters) -A workers&#8217; union at Samsung Electronics in South Korea has called a strike for July 8-10, a union official said on Tuesday, as it steps up industrial action against the country&#8217;s most valuable company.<\/p>\n<p>The union is determining how many workers will join the strike, the official told Reuters by telephone.<\/p>\n<p>Son Woo-mok, leader of the union, said late on Monday that the union wants a more transparent system for bonuses and time off, and wants the company to treat it as an equal partner.<\/p>\n<p>Samsung declined to comment on the union&#8217;s strike plan.<\/p>\n<p>Its share price was unaffected, rising 0.1% in morning trade versus a 0.7% decline in the benchmark price index.<\/p>\n<p>Union membership increased rapidly after Samsung in 2020 pledged to stop discouraging the growth of organised labour.<\/p>\n<p>The strike itself is unlikely to have a major impact on chip output as most production at the world&#8217;s biggest memory chipmaker is automated, two analysts told Reuters.<\/p>\n<p>But any impact will ultimately depend on how many people that operate chip plants participate and for how long, said senior researcher Kim Yang-Paeng at the Korea Institute for Industrial Economics and Trade.<\/p>\n<p>&#8220;Chip production cannot proceed with replacement workers&#8221; if people who operate the automated machines walked out for a long time &#8220;because of the specificity and expertise of the work,&#8221; Kim said.<\/p>\n<p>Last month, workers en masse took annual leave on the same day in what was effectively the union&#8217;s first industrial action. At the time, Samsung said there was no impact on production or business activity. Those striking were mainly employed at inner-city offices rather than at manufacturing sites, analysts said.<\/p>\n<p>&#8220;This planned strike marks a turning point in Samsung&#8217;s history of non-union management. This could be seen as a drop in employee loyalty at Samsung &#8230; caused by wages and disappointing compensation compared to Samsung&#8217;s rivals,&#8221; a Seoul-based analyst said on Tuesday, declining to be identified as details of the strike were unknown.<\/p>\n<p>(Reporting by Heekyong Yang and Joyce Lee; Writing by Ju-min Park; Editing by Lincoln Feast and Christopher Cushing)<\/p>\n<\/div>\n<p><a href=\"https:\/\/finance.yahoo.com\/news\/samsung-elec-union-south-korea-010614863.html\" target=\"_blank\" rel=\"noopener nofollow\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Heekyong Yang and Joyce Lee SEOUL (Reuters) -A workers&rsquo; union at Samsung Electronics in South Korea has called a strike for<br \/><button class=\"read-more\"><a href=\"https:\/\/newssprinters.com\/index.php\/world\/samsung-electronics-workers-to-strike-on-july-8-10-union-official-says\/01\/07\/2024\/\">Read More &rsaquo;<\/a><\/button><\/p>\n","protected":false},"author":1,"featured_media":32743,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_seopress_robots_primary_cat":"","_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","footnotes":""},"categories":[2],"tags":[],"_links":{"self":[{"href":"https:\/\/newssprinters.com\/index.php\/wp-json\/wp\/v2\/posts\/32741"}],"collection":[{"href":"https:\/\/newssprinters.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newssprinters.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newssprinters.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newssprinters.com\/index.php\/wp-json\/wp\/v2\/comments?post=32741"}],"version-history":[{"count":0,"href":"https:\/\/newssprinters.com\/index.php\/wp-json\/wp\/v2\/posts\/32741\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newssprinters.com\/index.php\/wp-json\/wp\/v2\/media\/32743"}],"wp:attachment":[{"href":"https:\/\/newssprinters.com\/index.php\/wp-json\/wp\/v2\/media?parent=32741"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newssprinters.com\/index.php\/wp-json\/wp\/v2\/categories?post=32741"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newssprinters.com\/index.php\/wp-json\/wp\/v2\/tags?post=32741"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}