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Samsung Electronics (OTC:SSNLF) faces a potential strike by its South Korean labor union next week.
Samsung's South Korean labor union plans an 18-day strike starting May 21, risking production disruption.
KEY POINTS
- Over 50,000 Samsung workers could participate in the strike next week, according to the union.
- Samsung proposed a more flexible bonus structure tied to either operating profit or economic value added.
- The union demands fixed bonuses of 15% of semiconductor operating profit and removal of payout caps.
COMPANIES
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