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04 Jul 2024 | 04:50 AM UTC

South Korea: Samsung Electronics Workers' Union plans to strike nationwide July 8-10

Samsung Electronics Workers' Union to strike in South Korea July 8-10. Related protests, production disruptions possible.

Informational

National Samsung Electronics Union (NSEU) workers plan to strike across South Korea July 8-10 to call for improved compensation and benefits. Although organizers have not yet specified participation numbers, the union comprises approximately 28,000 members, constituting around 20 percent of the company's workforce. If the strike persists for an extended period with significant participation, Samsung Electronics facilities could experience production disruptions, including chip manufacturing.

Workers may protest during the labor action; hundreds of people could participate in each gathering. The largest protests will probably occur outside Samsung Electronics factories and the Samsung Electronics Seocho Building in Seoul. Striking workers may block access roads, causing localized transport disruptions. As a precaution, police could tighten security around the company's facilities.

Limit exposure to likely protest sites. Allow additional time to reach destinations if traveling or operating near Samsung Electronics facilities due to the potential for localized traffic disruptions. Plan for possible supply chain disruptions in the event of a prolonged labor action.