Samsung Workers Strike: "No Disruption To Production," Says Firm
Seoul: As Samsung Electronics workers entered second day of the strike, South Korean tech giant responded that their production was not being disrupted. More than 5,0000 workers led by National Samsung Electronic Union (NSEU) began their three-day strike from Monday claiming improved wages, additional annual leave, and changes in current bonus system.
The NSEU has over 30,000 members, constituting a quarter of the company’s South Korean workforce. They also demanded for an extra day of annual leave, especially for unionised workers and changes in the Samsung‘s bonus structure. Though Samsung has presented flexible terms concerning pay and leave, it fails to meet the union’s demand.
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As per the reports, the strike fails to make any remarkable effect on output since it relies majorly on low participation and automated production.
“There has been no disruption to production,” local media reports as Samsung is saying. On the contrary, Park Seol, a senior member of the union, told the media that production was being affected.
In early June, the union launched a single-day strike, the first in Samsung’s 55 years of existence. The union leader claimed that they intended to deliver a message by disrupting production. But the firm reportedly said that it had no impact on business activity.
Even so, its [NSEU] growing voice is demanding attention just as Samsung struggles to navigate competitions in chips used for artificial intelligence (AI) application, the Times of India reports as analysts are saying.
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Meanwhile, Samsung, the world’s largest memory chip maker, reported that sales are expected to rise 23.3 percent to 74 trillion won.
This week, Samsung is planning to introduce new foldable phones, watches, and a smart ring in Paris ahead of the Olympics, in an attempt to prevent a challenge from Apple Inc. on global market.
