# South Korea’s prime minister said Sunday that the state will look at all options to stop a strike or limit the harm if one takes place.

*semiconductor · news · 2026-05-17 · Markets Insider*

## Key points

- South Korea may use emergency arbitration to pause a strike at Samsung chip plants for 30 days.
- A one-day suspension at Samsung's semiconductor factory could cause direct losses of up to $668 million.
- Prime Minister warned losses could reach $66.8 billion if chip materials need to be scrapped.
- Samsung makes up 22.8% of South Korea’s exports and 26% of its stock market.
- The labor union refuses to accept arbitration pressure or a worse pay deal from Samsung.

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

[Read the full story on Markets Insider](https://markets.businessinsider.com/news/stocks/samsung-ssnlf-labor-talks-resume-as-seoul-moves-to-avoid-a-668-million-chip-shutdown-risk-1036166542)

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