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Samsung Electronics Workers Conclude Historic Strike Without Concessions

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Samsung Electronics Workers End Historic Strike

Samsung Electronics Workers End Historic Strike

In a significant yet ultimately unfruitful stand for labor rights, thousands of unionized workers at Samsung Electronics in South Korea returned to their jobs on Monday after an indefinite strike that began last month. This marked a groundbreaking moment, as it was the first time in the decades-long history of the tech giant that its workforce engaged in organized labor action.

Approximately 6,500 employees participated in the strike, which represented only a small fraction of the overall union membership and an even smaller portion of Samsung’s total workforce. Despite their efforts, the striking workers were unable to secure any concessions from the company, leading to their return on Monday, as confirmed by Lee Hyun Kuk, the vice president of the Nationwide Samsung Electronics Union.

Samsung Electronics Workers Conclude Historic Strike Without Concessions

For months, negotiations between the union and the company regarding wages, bonuses, and vacation days had reached a stalemate. The union initially staged a single-day strike in June as a precursor to the more extensive walkout that began in July. Throughout this period, Samsung maintained that the labor disruptions would not impact its operational capabilities, a stance they reiterated in a statement last week.

However, the financial strain of an extended, unpaid strike began to weigh heavily on the employees, prompting union leaders to issue a back-to-work order last week. The union had a modest strike fund of around 80 million won, or roughly $60,000, but details about expenditures from this fund have not been disclosed.

“After 25 days of striking, we still have not achieved any tangible results,” stated Son Woo-mok, the president of the union, during a meeting with members on Thursday. “As the union leader, I carry the weight of responsibility for not delivering results for those who have stood in solidarity during this time without pay.”

Despite the end of the indefinite strike, the union, which consists of over 31,000 members, has plans to conduct guerrilla strikes or surprise walkouts in the future, although they have not specified the timing or frequency of these actions. “This is not a defeat but rather a strategic shift,” Mr. Son emphasized.

Last week, union leaders made headlines by staging a news conference outside the residence of Samsung Chairman Lee Jae-yong in Seoul, appealing for his intervention. However, Mr. Lee was abroad in Paris, attending meetings with various business leaders, coinciding with the Olympic Games.

Meanwhile, Samsung continued its business operations unaffected by the strike, launching its latest lineup of electronic devices, which included the highly anticipated Galaxy Fold 6 smartphone and a range of new smartwatches, as per the planned schedule. The electronics division of the conglomerate employs around 260,000 individuals globally, highlighting the scale of its operations and the challenges faced by labor movements within such a large organization.

Samsung Electronics Workers Conclude Historic Strike Without Concessions

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