Samsung Electronics' union in South Korea approves 5.1% wage hike

Q: How long will it take to read this news story?

The story "Samsung Electronics&#039; union in South Korea approves 5.1% wage hike" has 262 words across 13 sentences, which will take approximately 2 - 3 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "Samsung Electronics&#039; union in South Korea approves 5.1% wage hike" was covered 1 days ago by Channel News Asia, a news publisher based in Singapore.

Q: How trustworthy is 'Channel News Asia' news outlet?

Channel News Asia is a fully independent (privately-owned) news outlet established in 1999 that covers mostly economy and business news. The outlet is headquartered in Singapore and publishes an average of 53 news stories per day. It's most recent story was published 48 minutes ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #26674949</li><li>URL: https://chronographically.beamstart.com/news/samsung-electronics-union-in-south-17411540405198</li></ul>

Channel News Asia Logo Channel News Asia 1d ago

Samsung Electronics' union in South Korea approves 5.1% wage hike - Channel News Asia

Quick Summary:

SEOUL : Samsung Electronics' main union in South Korea voted in favour of a wage increase deal on Wednesday, the company said. Last month, the tech giant and the union struck the deal for a 5.1 per cent pay rise for this year, which needed to be ratified by union members.

The NSEU carried out strikes last year for better pay and working conditions, but the company said at the time that they did not disrupt production.

The lingering labour dispute has been a distraction for the world's biggest memory chipmaker, which is struggling to navigate competition in semiconductors used for artificial intelligence (AI) applications.