Search results for Suwon District Court
Industry
Samsung Electronics wage deal approved with 73.7 percent support, easing strike fears
Samsung Electronics\' tentative 2026 wage agreement was approved in a union ballot on May 27, with 73.7 percent in favour and 95.5 percent turnout, effectively easing fears of a general strike. The joint bargaining body said 46,142 members voted in favour out of 62,616 participants from 65,593 eligible members. The deal introduces a special management performance bonus for the DS division, paid entirely in company shares, but has triggered opposition over compensation gaps and possible legal challenges by unions and shareholder groups.
Industry
Lee Jae-yong says he will take the hit as Samsung union and management face final mediation on May 18
Samsung Electronics union and management will return on May 18 to a second post-mediation session at the National Labor Relations Commission, days before a planned strike. Chairman Lee Jae-yong apologised to customers worldwide and the public, calling employees and the union “one family” and saying he would take responsibility. The company changed its lead negotiator, while the union agreed the outgoing negotiator could attend without speaking. Talks focus on performance bonuses and whether to institutionalise the scheme.
Industry
Samsung Electronics executives issue public apology over protracted labor dispute
Samsung Electronics\' executive team issued a public apology on May 15 over a protracted labor dispute, saying it had burdened and worried the public and government. Vice Chairman Jun Young-hyun and other executives urged unconditional dialogue, calling the union a family and community of destiny. The company said it had proposed options on OPI funding and added a special unlimited compensation scheme. The union criticised the response as strike plans and internal divisions grew.
