Seoul, May 14 (IANS) South Korea’s top economic and financial policymakers on Thursday called for the prompt settlement of a labor dispute at Samsung Electronics, warning that a possible strike could threaten the country’s economy amid a semiconductor supercycle.Finance Minister Koo Yun-cheol and other heads of financial authorities made the joint remarks during a meeting on the potential fallout from a planned walkout by Samsung Electronics workers, according to the Ministry of Finance and Econ…
Latest Labor Dispute News & Updates
Seoul, May 5 (IANS) Samsung Electronics’ board chairman on Tuesday expressed concerns over the potential economic impact of a planned general strike by unionized workers and called for the dispute to be resolved through dialogue, the company said.”As chairman of the board, I feel a deep sense of responsibility for the current situation and apologize for causing concern,” Chairman Shin Je-yoon said in a message posted on the company’s intranet.He warned that both management and labor could lose…