Samsung Electronics stock price increase expands to 6%

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ME News Report, May 18 (UTC+8), msx data shows that Samsung Electronics’ stock price has increased by 6%.
Earlier reports indicate that Samsung Electronics and its largest union resumed government-led wage negotiation talks on Monday, aiming to make a final effort to prevent a strike at the world’s largest memory chip manufacturer.
This resumption of negotiations comes days after the first round of government-mediated talks broke down over performance bonuses.
According to plan, the 18-day strike will begin on Thursday.
Samsung Electronics’ largest union leader, Choi Seung-ho, stated, “We will participate in the second round of negotiations in good faith.”
The second round of mediation has no set deadline.
However, with only three days remaining before the union’s planned strike, this is widely seen as the last chance for a breakthrough.
(Source: ODAILY)

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