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Samsung workers plan an 18-day strike starting May 21 after talks with the company failed
This news has already pushed up memory prices with DDR4 8GB chips rising 20% in one week to $18 in a big electronics market in China due to panic buying.
The union represents over 40,000 workers and wants 15% of the company’s yearly profits as bonuses but rejected the company’s offer.
As the world’s biggest maker of DRAM memory chips Samsung’s strike could cut supply and make memory chips more expensive for PCs servers and other devices.