South Korea & Choi Seungho

South Korea: South Korea's economy, heavily reliant on Samsung Electronics' exports, faced potential disruption from the threatened strike. The government mediated the wage agreement, which is seen as a seismic change for the country's labor relations and could embolden other unions.

Choi Seungho: Choi Seungho, the union leader, announced the suspension of the planned strike and the agreement on how to distribute profit to loss-making businesses, expecting union members to approve the wage deal.