The tech giant that dominates memory-chip production has temporarily averted a potentially devastating union strike
Samsung Electronics has reached a last-minute tentative wage deal with its largest labor union, temporarily averting an 18-day strike that threatened to hit the global memory-chip supply chain at a time of already tight AI-driven demand.
The agreement was reached after government-mediated talks just hours before the walkout was due to begin. Union leaders said they would put off the strike while members vote on the tentative deal from May 22 to 27, meaning the immediate threat has been delayed rather than fully removed.
The dispute…
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