Source: CNBC
“South Korean President Lee Jae Myung on Monday called for both labor and management rights to be respected as an 18-day strike at Samsung Electronics looms. … A final round of talks between the union and Samsung’s management was scheduled for Monday. The union’s demands center on Samsung’s performance-based bonus system. It is seeking performance bonuses equivalent to 15% of Samsung’s operating profit, the removal of bonus payout caps, and a formalized bonus structure, among other measures. Samsung’s management has offered to allocate 10% of operating profit to bonuses and provide a one-time special compensation package, according to South Korean news agency Yonhap.” (05/18/26)
https://www.cnbc.com/2026/05/18/samsung-strike-lee-jae-myung-labor-deal.html