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S Korea PM flags economic impact as Samsung, union pay talks fail
short by Vaishnavi Mishra / on Wednesday, 13 May, 2026
South Korean PM Kim Min-seok asked government to closely manage the situation after Samsung Electronics and union failed to reach ​a pay deal, heightening the risk of a strike. He warned that a strike could impact the national economy and urged proactive support to ​ensure dialogue. Notably, union threatened 18-day strike over a bonus pay gap with rival SK Hynix.
read more at Reuters