Samsung_Electronics union seeks to block pay deal

A labor dispute at Samsung Electronics>>> has escalated as the Samsung Electronics>>> (SECU) filed a court injunction to block a vote on a pay deal. The SECU, representing consumer electronics workers, claims it was unfairly excluded from negotiations and that the deal disproportionately benefits chip division employees due to the AI boom. The agreement, mediated by the government, averted an 18-day strike by 48,000 workers and includes substantial bonuses for memory chip workers. The Samsung Electronics>>> (SELU) led the negotiations, and over 90% of its eligible members have voted. The Samsung Electronics>>> (NSEU) is boycotting the vote, also expressing dissatisfaction with the deal's terms. Individual shareholders have also threatened to sue if the deal is ratified without shareholder approval, arguing parts are unlawful. This event highlights deep divisions within Samsung Electronics>>> over profit sharing and has caused its shares to underperform rival SK Hynix>>>.