# Samsung Electronics and its labour union fail to reach a wage agreement on Wednesday.

*business · news · 2026-05-13 · Lokmat Times*

## Key points

- Samsung Electronics and its labor union failed to reach a wage agreement after government-led mediation.
- The union demands bonuses equal to 15% of operating profit and removal of existing payout caps.
- Samsung management offered 10% of operating profit for bonuses plus a one-time special compensation package.
- Up to 50,000 unionized workers may participate in the planned strike if legal barriers are cleared.
- A court will decide by May 20 on Samsung's injunction request to block the strike.

**Companies:** Samsung Electronics
**Countries:** South Korea

[Read the full story on Lokmat Times](https://www.lokmattimes.com/business/samsung-electronics-labour-talks-break-down-raising-fears-of-major-strike/)

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