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some workers of Samsung Electronics
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Company one of the world's largest
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producers of smartphones and other
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technology devices on Friday stage a
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protest to demand increments in
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performance B bonus payments and
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additional day to the company workers
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paid annual leave many considered the
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strike action by the workers as
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historical on the ground that the
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founder of Samsung Lei on CH who in 1987
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was strictly opposed to the formation of
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unions saying he would never allow them
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until I have that over my eyes it may be
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recalled that Samsung Electronics had
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its first Workers Union formed in the
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late 2010 rotters reported that eight
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members of the Samsung Electronics Union
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staged the protest in South Korea on
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Friday and AFP report indicated that the
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total numbers of the workers union that
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staged the prots at the company
0:39
headquarters were 10 in numbers details
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of the strike action as reported by AFP
0:44
international news agency and as well as
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it recaptured by punch newspaper R Veron
0:48
below workers at take giant Samsung
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Electronics in South Korea staged the
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first strike at the company on Friday
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they heard of a major Union representing
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tens of thousands of people said Samsung
0:58
Electronics is one of the world's
0:59
largest smartphone makers and also one
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of the only companies globally to
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produce highend memory chips used for
1:04
generative AI including topof the line
1:06
artificial intelligence Hardware from
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industry leaders such as Nvidia
1:09
management at the FM the world's biggest
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producer of memory chips has been locked
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in negotiations with the Union over
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wages and benefits since January but the
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two sides have failed to narrow their
1:18
differences Lee am cook vice president
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of the national Samsung Electronics
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Union said Friday's Collective action
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was largely symbolic but it's a
1:26
beginning we have plans for follow-up
1:28
strikes in the management is not willing
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to communicate with us openly Lee told
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AFP the union is not ruling out an all
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out general strike union hon W added
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that the first strike at Samsung
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Electronics was taken place through the
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use of paid leave and it is understood
1:43
that many employees are participating
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it's difficult to provide an exact
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number but from what I've seen of the
1:49
workplace attendance in the morning
1:50
there is a significant difference from
1:52
the usual he said Samsung Electronics
1:55
said it has been diligently engaging in
1:57
negotiations with the union and will
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continue to do so and that there is no
2:01
impact on production and business
2:02
activities the P Le usage rate on Friday
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was lower than that of June 5th last
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year which like June 7th was sandwiched
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between a public holiday and the weekend
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the company said in a statement around
2:14
10 workers held a protest in front of
2:15
Samsung's major office in so on Friday
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chanting respect level Samsung
2:20
Electronics is the flagship subsidiary
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of South Korean giant Samsung Group by
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far the largest of the family controlled
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conglomerates that dominate business in
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aia's fourth largest economy the company
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has offered workers a pay hike of 5.1%
2:32
this year the union told AFP on Friday
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that it is willing to positively review
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that offer if Samsung also provides an
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additional lay of annal Le and
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transparent performance-based bonuses
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taian based market research FM
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trendforce said that the stength would
2:45
not impact drum and n and Flash
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production nor would it cause any
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shipment shortages Samsung accounts for
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a significant chunk of global output of
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the high and chaps but the strike
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involves headquarters employees not
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workers on the production lines train
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Force said in a report finally FS rely
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heavily on automated production and
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require minimum human label therefore
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the strike will not have any substantial
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impact on the future memory Supply the
3:09
report said even so the strike carries
3:11
historical importance since Samsung
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resisted unionization and engaged in
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Union buting for so long Vlad U
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professor of Korean studies at the
3:19
University of Oso told AFP he said the
3:22
collective action showed that there is a
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gradual tendency towards empowerment of
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Labor in South Korea Samsung Electronics
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avoided the unionization of its
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employees for almost 50 years sometimes
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adopting ferocious tactics according to
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critics while rising to become the
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world's largest smartphone and
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semiconductor manufacturer Samsung
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founder Le on Cho who died in 1987 was
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adamantly opposed to unions saying he
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would never allow them until I have that
3:46
over my eyes the first labor union at
3:48
Samsung Electronics was formed in the
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late 2010s in 2020 lij young the
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company's and vice chairman and the
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founders grandson apologized to everyone
3:58
who has been paid by labor issues
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Samsung I think he would make sure the
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company is not criticized for Union free
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management still the national Samsung
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Electronics Union which has around
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28,000 members or more than a fifth of
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the company's total Workforce has said
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the word strike has been a double word
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at the take giant Union neut told AFP
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that the strike W lead to A disruption
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in production and we don't want it to
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lead into one we just want Samsung to
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hear our voice he said semiconductors
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are the light blood of the global
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economy used in everything from Kitchen
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appliances and mobile phones to cars and
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weapons they are South Korea's leading
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export and hit $ 11.7 billion in March
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accounting for a fifth of total exports
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according to trade Ministry figures
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shares of Samsung Electronics closed
4:46
Friday bringing you the news in a more
