Samsung Electronics has suspended a planned strike while union members vote on a tentative agreement. The walkout was set to begin Thursday.
The core dispute centers on demands for workers to share in profits from Samsung’s booming AI chip business, alongside base pay increases. Samsung is the world’s largest memory chip maker, with AI-related product demand surging over the past year.
Union leaders argue that employee compensation has not kept pace with the company’s AI success. If the vote rejects the tentative deal, strikes could resume at any time, potentially disrupting Samsung’s global semiconductor production.