Market Chatter: Samsung Electronics Workers Begin Voting on New Pay Deal

MT Newswires Live

May 22

Voting to ratify the pay deal agreement to avert an 18-day strike at Samsung Electronics (KRX:005930) started Friday, Reuters reported the same day.

Samsung Electronics Labor Union was quoted as saying that 32,882 of 57,290 eligible union members have voted, while other unions such as National Samsung Electronics Union and Samsung Electronics Co. Union have voiced plans to oppose the deal.

The report noted that the deal, which includes major bonuses for Samsung's memory chip workers, will need to be approved by a simple majority of eligible union members to take effect.

Samsung, the shares of which fell over 2% at market close, did not immediately respond to a request for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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Union have voiced plans to oppose the deal.</p><p>The report noted that the deal, which includes major bonuses for Samsung's memory chip workers, will need to be approved by a simple majority of eligible union members to take effect.</p><p>Samsung, the shares of which fell over 2% at market close, did not immediately respond to a request for comment from MT Newswires.</p><p>(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"EMXC","symbol_name":"iShares MSCI Emerging Markets ex China ETF","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2637034316","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2637034316","pubTimestamp":1779449261,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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Union have voiced plans to oppose the deal.The report noted that the deal, which includes major bonuses for Samsung's memory chip workers, will need to be approved by a simple majority of eligible union members to take effect.Samsung, the shares of which fell over 2% at market close, did not immediately respond to a request for comment from MT Newswires.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}