Journalist

AJU PRESS Business Team
  • Weather Forecast: Continued Heat with Daytime Temperatures Above 30 Degrees
    Weather Forecast: Continued Heat with Daytime Temperatures Above 30 Degrees On Tuesday, May 19, early summer weather is expected to continue across the country, with heat intensifying. In particular, daytime temperatures are forecasted to exceed 30 degrees Celsius, especially in the Gyeongsang region, necessitating caution for health management. According to the Korea Meteorological Administration, the morning low temperatures nationwide are expected to range from 14 to 20 degrees Celsius, while daytime highs will be between 24 and 33 degrees Celsius. In Daegu and southern Gyeongbuk, the maximum perceived temperature may rise to around 31 degrees Celsius, indicating a hot midday. However, temperatures are expected to drop quickly after sunset, resulting in a significant temperature difference of about 15 degrees Celsius, so appropriate clothing choices are advised. The sky will be partly cloudy nationwide, gradually becoming overcast from the evening. Thanks to favorable atmospheric dispersion, fine dust levels are expected to remain at 'good' to 'moderate' levels across all regions, making outdoor activities manageable. Sea conditions will be relatively calm across all waters. In the East Sea, wave heights will be between 0.5 and 1.0 meters, while in the West Sea and South Sea, wave heights will remain around 0.5 meters. In the offshore waters, wave heights will be 0.5 to 1.0 meters in the East Sea and 0.5 to 1.5 meters in the West and South Seas.* This article has been translated by AI. 2026-05-18 22:43:37
  • Voters in Jeonnam and Gwangju Express Support for Min Hyung-bae Amid Calls for Checks on Democratic Party Dominance
    Voters in Jeonnam and Gwangju Express Support for Min Hyung-bae Amid Calls for Checks on Democratic Party Dominance In the Democratic Party's stronghold of Jeonnam and Gwangju, support for the party's candidate, Min Hyung-bae, is overwhelming. However, there are also signs of a push to elect candidates from the People Power Party to counter the party's dominance. Opinions on the administrative merger of Jeonnam and Gwangju lean more negative than positive.Aju Economy visited Gwangju and Suncheon on May 18 to gauge voter sentiment ahead of the June 3 local elections, which will see the election of the first integrated mayor of Jeonnam-Gwangju after 40 years. Five candidates have declared their intention to run: Min Hyung-bae from the Democratic Party, Lee Jeong-hyeon from the People Power Party, Lee Jong-wook from the Progressive Party, Kang Eun-mi from the Justice Party, and independent candidate Kim Kwang-man.Many citizens expressed their intention to vote for Min as the first integrated mayor. Park Young-taek, 71, met at Yangdong Market, stated, "I have always supported the Democratic Party and believe Min Hyung-bae would be a much better mayor than Lee Jeong-hyeon." Kim, a 25-year-old graduate student at Suncheon University, also expressed support for Min, saying, "He is the only incumbent lawmaker from Gwangju, possessing both expertise and political skills."Conversely, criticism of Lee Jeong-hyeon was noted, with one voter recalling his appearance on YouTube where he referred to the pro-Yoon Seok-youl faction as "hidden heroes, you are Yi Sun-sin," and defended the December 3 emergency martial law, stating, "He has proven himself unfit for the mayoral position."However, among voters in their 20s and 30s, there were calls for a 'punishment vote' against the long-standing dominance of the Democratic Party. Kwon, a 27-year-old intern in Gwangju, remarked, "If the Democratic Party continues to win every year, I wonder what development will occur in Honam. I believe their monopoly is harmful to Gwangju, so I support Lee Jeong-hyeon." Another voter, Lee, 30, who works at a sports center, stated, "The Democratic Party candidate will likely win anyway. Honam will not change, so I will vote for the People Power Party to provide some checks."Kang, a 21-year-old political science student at Jeonnam University, mentioned, "I am a member of the Democratic Party but am considering voting for the People Power Party as a punishment vote. The Democratic Party has been in power, yet nothing has changed in Gwangju." A 24-year-old college student added, "While the Democratic Party has significant support, there seems to be a growing disconnect among young voters. Parties like the Justice Party and Basic Income Party seem to position themselves as the Democratic Party's backup, so even though I dislike the People Power Party, I might vote for them this time."Criticism of the People Power Party included remarks about their failure to distance themselves from the pro-Yoon faction, with one voter stating, "It is shameless for them to come to Gwangju without having severed ties with that group. Their leader seems inexperienced in politics, often sending the wrong messages, and it appears they are only focused on protecting their own constituencies."Regarding the Jeonnam-Gwangju administrative merger, negative sentiments prevailed. Kang criticized the rushed process, saying, "They merged without even determining how to delineate the electoral districts for local governments. They promised public hearings, but the city councilors seemed to have already made decisions and just informed us, which is frustrating." Another voter echoed this sentiment, stating, "It felt like a hasty decision made under pressure from the president. Was this merger really necessary?"On the other hand, some citizens expressed optimism. Yoon, a 24-year-old job seeker, said, "As this is the first integrated mayor of Jeonnam-Gwangju, I am hopeful. If Gwangju and Jeonnam work together, there could be synergies in transportation, culture, and job creation. I hope the new mayor focuses on balanced regional development." Park also emphasized the importance of unity, stating, "There are population issues, and since Jeonnam and Gwangju were once one, we need to integrate again to create a new vision."* This article has been translated by AI. 2026-05-18 22:38:40
  • New Task Force Launched to Combat Illegal Medical Practices and Shorten Recovery Periods for Health Benefits
    New Task Force Launched to Combat Illegal Medical Practices and Shorten Recovery Periods for Health Benefits The South Korean government has launched a task force to address the rising number of illegal medical institutions and improve the collection rate of health benefits that have been determined for recovery. On May 18, the Supreme Prosecutors' Office announced the formation of the "Joint Investigation Team for Illegal Medical Practices," which includes personnel from seven investigative and regulatory agencies, including the police and the Ministry of Health and Welfare.The task force comprises 30 members: four prosecutors, seven police officers, two special judicial police from the Ministry of Welfare, 12 from the National Health Insurance Service, one from the National Tax Service, three from the Health Insurance Review and Assessment Service, and one from the Financial Supervisory Service. The Seoul Western District Prosecutor's Office was designated as a specialized food and drug safety office in May 2013 and has experience operating a joint investigation team for rebates since 2014.The task force will operate under the leadership of the head of the Food and Drug Crime Investigation Division at the Seoul Western District Prosecutor's Office. It will include an investigation team (composed of police and special police from the Ministry of Welfare), a support team (from the National Health Insurance Service, Health Insurance Review and Assessment Service, National Tax Service, and Financial Supervisory Service), and a joint enforcement team (from the National Health Insurance Service and Health Insurance Review and Assessment Service).Initially, the support team will provide criminal information, allowing the enforcement team to conduct operations. Following this, the investigation team will focus on cases involving sham hospitals, excessive non-covered medical treatments, and fraudulent insurance claims. The prosecutor's office will then take over the cases for further investigation or processing.The joint investigation team aims to expedite the process of asset forfeiture and recovery through inter-agency cooperation from the outset of investigations. It will also support the recovery of assets preserved through the National Health Insurance Service. Additionally, the team plans to coordinate with the Ministry of Welfare to ensure swift administrative actions, such as business suspensions and fines, separate from criminal penalties.According to data from the National Health Insurance Service, from 2009 to 2025, 1,805 illegal medical institutions, including sham hospitals, were subject to enforcement and prosecution, resulting in a total recovery decision amounting to 29.16 trillion won. However, the actual amount recovered was only 256.3 billion won, or 8.79% of the total.The number of illegal medical institutions has been on the rise, with 28 in 2022, 50 in both 2023 and 2024, and 87 in 2025. Despite this increase, the average recovery decision amount during this period was 154.3 billion won, with a collection rate averaging only 11.27%.In response, the government has established the joint investigation team to eradicate the establishment and operation of illegal medical institutions and to confiscate the proceeds of related crimes.A spokesperson for the Supreme Prosecutors' Office stated, "We expect that the formation of this joint investigation team, which systematically combines the investigative capabilities of law enforcement with the expertise of relevant agencies in crime information collection and analysis, will shorten the time required for the entire process of recovering illegal assets after investigations."The spokesperson added, "Through thorough cooperation among agencies, we will strive to eliminate the establishment and operation of illegal medical institutions, such as sham hospitals, and to strengthen the financial health of the National Health Insurance system through prompt administrative actions."* This article has been translated by AI. 2026-05-18 22:36:00
  • Rainbow Robotics Achieves Record Quarterly Revenue Amid Ongoing Challenges
    Rainbow Robotics Achieves Record Quarterly Revenue Amid Ongoing Challenges Rainbow Robotics is experiencing significant growth, achieving its highest quarterly revenue to date, thanks in part to synergies with Samsung Electronics. However, ongoing losses and the nascent stage of its software capabilities pose challenges to qualitative growth. According to industry sources on May 18, Rainbow Robotics reported first-quarter revenue of 9.0625 billion won, a 116.6% increase from 4.18477 billion won in the same period last year. With Samsung's supply volumes now fully reflected, the company has surpassed 9 billion won in quarterly revenue for the first time since its founding. Considering that the total transaction volume with Samsung last year was approximately 10.4 billion won, this performance matches the annual cumulative total in just one quarter. Samsung Electronics exercised a call option at the end of 2024 to incorporate Rainbow Robotics as a subsidiary. The company has since strengthened its collaboration with the newly established 'Future Robotics Promotion Team' within Samsung, playing a key role in the group's future robotics technology development. Noh Tae-moon, President of Samsung Electronics' Device Experience (DX) division, stated earlier this year at CES 2026, "We will prioritize automation in manufacturing through collaboration with Rainbow Robotics and commercialize based on the technology we have developed." This formalizes a strategy of prioritizing manufacturing automation before commercialization. Consequently, Samsung's major production facilities, including the semiconductor production site in Pyeongtaek, are becoming significant testing grounds and stable revenue sources for Rainbow Robotics' technology. In terms of technology, Rainbow Robotics has secured numerous core technologies for key hardware components. Since its inception at KAIST's Humanoid Robot Research Center in 2011, the company has focused on developing technologies such as miniaturized actuators. As of this year, it has registered over 20 patents domestically and internationally. Building on this foundation, the company is accelerating the expansion of its 'dual-arm robot' lineup this year. This approach contrasts with major domestic companies like Hyundai Motor and LG Electronics, which are heavily investing in the costly and time-consuming development of bipedal humanoid robots. By prioritizing dual-arm robots, which have lower technical complexity, Rainbow Robotics aims to maximize immediate applicability in industrial settings. According to Rainbow Robotics, the dual-arm robots are still in the research and development platform stage. While they have been supplied to some of Samsung's production facilities, their use is currently limited to specific solution processes such as packaging and welding. The challenge lies in the pace of qualitative improvements behind the growth in revenue. Despite significant sales growth, the company recorded an operating loss of 1.56708 billion won due to fixed costs from research and development and the expansion of its new factory in Sejong. This figure represents an 11.7% increase from the operating loss of 1.4014 billion won in the same period last year. After incurring a substantial annual operating loss of 44.6 billion won in 2023, the company has failed to escape losses in every quarter since. Additionally, the investment value of its U.S. subsidiary, designated as a global outpost, has dropped by over 1 billion won, resulting in a book loss. While the company aims to enter the North American and European markets, there are significant barriers to transitioning to a profitable 'money-making robot' business. The software capabilities, which serve as the 'brain' of the robots, are still in their infancy. The integration of Samsung's proprietary artificial intelligence technology to enable robots to autonomously assess their surroundings and operate was only achieved last year. Rainbow Robotics aims to establish an AI ecosystem in the industrial robot sector this year, similar to Samsung's proactive development of the 'Galaxy AI ecosystem' for smartphones and TVs. An industry insider noted, "For Rainbow Robotics to succeed in standing on its own in the market without the massive umbrella of 'Samsung,' it is crucial to quickly and effectively build an independent technological ecosystem."* This article has been translated by AI. 2026-05-18 22:24:33
  • Korean Business Leaders Meet Japanese Prime Minister Ahead of Summit
    Korean Business Leaders Meet Japanese Prime Minister Ahead of Summit Ahead of the Korea-Japan summit scheduled for May 19 in Andong, South Korea, major domestic companies met with Japanese Prime Minister Sanae Takaichi in Tokyo to discuss strengthening economic cooperation between the two countries. Attention is focused on whether concrete business outcomes will emerge in advanced industries such as supply chains, artificial intelligence (AI), and energy during their meetings with Japanese business leaders.According to industry sources on May 18, the Korean delegation, led by Gu Ja-yeol, chairman of the Korea-Japan Economic Association and LS Group, departed for Japan earlier that day and held a series of meetings with Japanese government officials and key political figures. The delegation met with Prime Minister Takaichi around 3 p.m. and reportedly requested enhanced economic cooperation in key sectors, including global supply chain collaboration, AI data centers, and energy.Takaichi welcomed the delegation's visit, stating, "I greatly appreciate the Korea-Japan Economic Association's representatives. I have been invited to visit Andong, the hometown of President Lee Jae-myung, on May 19, and I believe that business leaders have played a crucial role in fostering friendly relations between our two countries." She added, "I pay my respects to the business leaders who have maintained communication and cooperation, whether our relationship was good or faced challenges."Earlier, the delegation also met with Ryota Takeda, chairman of the Japan-Korea Parliamentary Federation, who recently emphasized the need for technological cooperation between the two countries. Discussions likely focused on collaboration in advanced industries such as semiconductors. On May 19, the delegation is scheduled to meet with Foreign Minister Yawata Iwao and Minister of Economy, Trade and Industry Nishimura Toshio.The visiting delegation includes Gu Ja-yeol, Shin Dong-bin, chairman of Lotte Group, Gu Ja-eun, chairman of LS Group, Gu Ja-kyun, chairman of LS Electric, Kim Dong-wook, vice president of Hyundai Motor, Lee Hyung-hee, vice chairman of SK, and Lee Jae-eun, president of Samsung C&T.The Korea-Japan Economic Association, in collaboration with the Japan-Korea Economic Association, will hold the 58th Korea-Japan Economic Conference in Tokyo on May 19-20 under the theme "Next Step Together." The event is expected to focus on the restructuring of global supply chains and the intensifying competition in the AI industry. As the U.S.-China conflict continues and protectionist trends spread, the need for cooperation between Korean and Japanese companies in strategic industries such as semiconductor materials, components, equipment, batteries, automotive, and energy infrastructure is growing.There are also expectations for specific collaboration opportunities between companies from both countries. LS Group plans to expand its engagement with Japanese firms in the power equipment and wire sectors, while Hyundai Motor aims to enhance its collaboration in future mobility. Doosan is also looking to expand its connections in the semiconductor materials sector.* This article has been translated by AI. 2026-05-18 22:19:17
  • Samsungs Internal Strife Deepens Amid Strike Threats
    Samsung's Internal Strife Deepens Amid Strike Threats Samsung Electronics and its labor union returned to the negotiating table three days before a planned total strike, but experts predict that any outcome will severely impact the company's competitiveness. Since its founding in 1969, Samsung Electronics has been known for its lack of labor disputes, but the internal turmoil it is currently facing is expected to have greater consequences than anticipated. On May 18, political and industry sources reported that Samsung Electronics and its labor union resumed a second post-adjustment meeting at the Central Labor Relations Commission in Sejong. This meeting is effectively the last dialogue before the total strike. The situation is not favorable for the union. The Suwon District Court partially granted Samsung Electronics' request for a temporary injunction against unlawful labor actions by the Samsung Electronics branch of the super-union and the National Samsung Electronics Union. Legal experts interpret this decision as not denying the union's right to strike but confirming legal limits on the methods and scope of labor actions. The government is also increasing pressure. Prime Minister Kim Min-seok stated that if the Samsung Electronics strike poses significant damage to the national economy, all response measures, including emergency mediation, could be considered. President Lee Jae-myung also commented on social media that "both labor and management should be respected, and the rights of labor should be balanced with management rights." He further noted that fundamental rights may be restricted for the public good, signaling that the government's crisis awareness has reached a critical point. Despite this, the union has not backed down from the total strike option. Choi Seung-ho, chairman of the Samsung Group super-union, entered the second post-adjustment meeting stating, "I have nothing significant to say, but I will participate sincerely in this meeting." He did not respond to questions about how he interpreted the president's remarks. Separately from the efforts of management and the government to avert a strike, concerns have been raised that internal divisions within Samsung Electronics have reached a dangerous level. The conflict between the semiconductor and non-semiconductor sectors has become so pronounced that they seem difficult to view as part of the same company. The day before, a screenshot of remarks made by the union's vice-chairman, Lee Song-yi, in a union Telegram chat, suggesting "let's eliminate the company" and "let's spin off" went viral on the anonymous workplace community Blind, causing a stir. Although Lee clarified that her comments were distorted, the internal sentiment remains unsettled. Industry insiders view the public disclosure of such remarks as indicative of a breakdown in organizational trust at Samsung Electronics. Some employees have even suggested extreme measures, such as moving to Chinese company CXMT to leak technology if negotiations fail. Regardless of the truth of these claims, the mere discussion of such ideas within the company is seen as a serious warning sign for a semiconductor firm. The unexpected demands from the non-semiconductor union are further complicating the situation. The Samsung Electronics Labor Union Donghaeng and the National Samsung Electronics Union Suwon branch reportedly called for a portion of performance bonuses to be distributed to partner companies during the post-adjustment process. Industry analysts believe that the expansion of performance bonus discussions beyond semiconductor employee compensation to include partner distribution issues is dragging the negotiations into a quagmire. The Samsung Electronics union has been demanding that 15% of operating profit be fixed as the source for performance bonuses and that the cap on bonuses be eliminated. Concerns have been raised in the industry that if these demands are accepted, performance bonuses could effectively become semi-fixed costs, potentially triggering a ripple effect throughout the domestic industry. There are also assessments that unreasonable demands have intensified internal conflicts regardless of whether a strike occurs. Experts believe that even if a strike is averted, the issues will not be resolved. With the union's hardline rhetoric and internal divisions now exposed, restoring organizational cohesion will likely remain a significant challenge. Kim Yang-pyeong, a senior researcher at the Korea Institute for Industrial Economics and Trade, stated, "Once damage occurs in semiconductor manufacturing processes, it leads to reduced production and yield. More seriously, it will inevitably impact long-term trust and related aspects."* This article has been translated by AI. 2026-05-18 22:13:40
  • Lotte Chilsung Beverage Collects One Ton of Marine Waste at Geomundo
    Lotte Chilsung Beverage Collects One Ton of Marine Waste at Geomundo Lotte Chilsung Beverage has partnered with the National Park Service to engage in environmental activities that promote marine ecosystem conservation and plastic resource recycling. The company announced on May 18 that it conducted a marine cleanup on Geomundo, located in Yeosu, South Jeolla Province, on May 14-15. Employees from Lotte Chilsung Beverage, along with officials from the National Park Service and the Korea National Trust for Nature, participated in the efforts. The volunteer team collected approximately one ton of marine debris, including discarded plastic, nets, and other waste, from the Mokneungore coast. Restoration work was also carried out on damaged rocky shores in the Dongdo and Seodo areas. This involved inserting a restoration material made from a mixture of stone powder and plant-based adhesive into the holes in the rocks. After the cleanup, the team visited the Geomundo Marine Climate Change Station to learn about the current status of marine environmental changes and the importance of climate change research. On the same day, a "Transparent PET Bottle Resource Recycling Campaign" was held at the Dobong Visitor Center in Bukhansan National Park. Lotte Chilsung Beverage supported the event by providing 2,000 bottles of its Isis water brand. Participants encouraged hikers to return the bottles to designated recycling bins at the trailhead upon their descent. The collected transparent PET bottles will be utilized in a "Bottle-to-Bottle" recycling system for food containers. This initiative is part of a memorandum of understanding signed in January by Lotte Chilsung Beverage and five other organizations to establish a transparent PET bottle resource recycling ecosystem. A representative from Lotte Chilsung Beverage stated, "Ecosystem conservation and resource recycling are core tasks of ESG activities that companies must continuously pursue. We will expand our ESG management practices through collaboration with various organizations." According to the Ministry of Oceans and Fisheries, an estimated 145,000 tons of marine waste is generated annually in South Korea, with over 80% of it being plastic waste.* This article has been translated by AI. 2026-05-18 22:06:00
  • Korea Technology Guarantee Fund Partners with Seoul Bankruptcy Court to Support Reviving Companies
    Korea Technology Guarantee Fund Partners with Seoul Bankruptcy Court to Support Reviving Companies The Korea Technology Guarantee Fund has signed a business agreement with the Seoul Bankruptcy Court to support the successful revival of bankrupt companies. According to the Technology Guarantee Fund on May 18, the agreement aims to identify companies with a high potential for management normalization and link them with financial support, enabling these companies to establish a stable recovery foundation and quickly normalize their operations. Under the agreement, the Seoul Bankruptcy Court will recommend companies undergoing bankruptcy proceedings that have a high likelihood of revival to the Technology Guarantee Fund. In turn, the Fund will assess these recommended companies and provide financial support, including the 'Revival Support Guarantee.' Both institutions will also collaborate on providing guidance and promoting systems for bankrupt companies to facilitate smooth recoveries. The Revival Support Guarantee program, operated by the Technology Guarantee Fund, helps outstanding small and medium-sized enterprises in financial distress by repaying their debts and assisting in their recovery. It can reduce existing debts by up to 90% and also guarantees new funding. This program is based on technology assessments, making it relatively likely to succeed. Building on the operational success of this agreement, the Technology Guarantee Fund plans to expand its cooperation to five bankruptcy courts nationwide to broaden the support framework for the revival of bankrupt companies. Kim Jong-ho, Chairman of the Technology Guarantee Fund, stated, "This agreement is significant as it establishes a cooperative system between the courts and policy financing institutions in response to the increasing number of bankruptcy applications from small and medium-sized enterprises due to rising external uncertainties and economic slowdown. The Technology Guarantee Fund will continue to expand its collaboration with bankruptcy courts to support the successful revival of these companies and serve as a strong pillar for crisis-stricken businesses to make a comeback."* This article has been translated by AI. 2026-05-18 22:03:00
  • Starbucks Faces Backlash Over Tank Day Event on May 18
    Starbucks Faces Backlash Over 'Tank Day' Event on May 18 Starbucks is facing backlash for its 'Tank Day' event held on the 46th anniversary of the Gwangju Uprising on May 18.According to industry sources, Starbucks promoted the event with the slogan 'Tank Day' as part of its 'Dante Tank Nasu Day' initiative. The promotional page also featured the phrase 'Bang! on the desk!'This sparked criticism on online communities and social media, with many arguing that the expressions trivialized the Gwangju Uprising. Critics noted that the slogan evoked memories of the military's tank deployment during the uprising and the torture and death of activist Park Jong-cheol.In 1987, during the Park Jong-cheol incident, the police announced, "He died after hitting the desk," which further fueled public outrage. Observers pointed out the similarity between this statement and the event's promotional language.Netizens reacted with comments such as, "This sounds like something from Ilbe (a controversial online community)," and questioned why the 'Tank Day' event was scheduled for May 18, suggesting it was a deliberate provocation.In response to the controversy, Starbucks changed the phrase 'Bang! on the desk!' to 'Bang~ during work' and rebranded 'Tank Day' to 'Tank Tumbler Day.' The company acknowledged the use of inappropriate language in the promotion and issued an apology, stating, "We sincerely apologize for causing discomfort and concern to our customers. We discovered that inappropriate phrases were used during the promotion of the Dante Tank Nasu tumbler as part of our Buddy Week event running until the 26th."Starbucks emphasized that it would review and improve its internal processes to prevent similar incidents in the future.Currently, the company has suspended the event, and access to the event page on its official website and app has been disabled.* This article has been translated by AI. 2026-05-18 22:01:05
  • Prospects After Emergency Mediation Authority Activation: A Look at Past Cases
    Prospects After Emergency Mediation Authority Activation: A Look at Past Cases As tensions rise between Samsung Electronics and its labor union, the possibility of the government activating its "emergency mediation authority" is drawing attention in the industrial sector. Legal experts believe that if this authority is invoked before a strike occurs, it would be an unprecedented preemptive activation. According to legal sources on May 18, the emergency mediation authority is based on Article 76 of the Labor Union and Labor Relations Adjustment Act. The Minister of Employment and Labor can decide to activate emergency mediation if a labor dispute threatens public interest, is large in scale, or poses a significant risk to the national economy or daily life. Before activation, the minister must consult with the chair of the Central Labor Relations Commission. Once activated, the union must immediately cease any strike actions and cannot resume them for 30 days. Legal interpretations suggest that there is no explicit prohibition against activating this authority before a strike begins. However, the requirement of an existing risk means that substantial objective evidence is necessary for actual activation. Lee Jun-hee, a professor at Kwangwoon University, stated, "There is no legal text that makes it impossible under the current law, so it is not unfeasible. However, it must be strictly evaluated whether a risk exists, and there must be objectively recognizable grounds." Historically, the emergency mediation authority has typically been invoked after strikes have already begun and damages have occurred. During the 1993 Hyundai Motor strike, the government initiated the activation process after estimating that long-term disputes had caused losses of 672.7 billion won, including impacts on partner companies. Following the activation, negotiations resumed, leading to a tentative agreement within about 21 hours. In 2005, the government activated the emergency mediation authority during a 25-day strike by Asiana Airlines pilots, which had already resulted in direct damages exceeding 400 billion won. After the activation, the pilots returned to work, and mediation procedures were initiated. In the same year, during a strike by Korean Air pilots, the government activated the authority on the fourth day of the strike, estimating that damages over three days had reached 189.4 billion won. The government feared that prolonged strikes could severely disrupt air logistics and exports. Subsequently, the Central Labor Relations Commission issued a mediation decision that included a 2.5% basic salary increase, resolving the situation. The Samsung Electronics strike situation differs from previous cases. In the Hyundai and airline strikes, government intervention occurred only after production and transportation disruptions had accumulated. In contrast, Samsung is facing potential disruptions before they occur, with signals of intervention coming from the president, political circles, and the judiciary, making this situation unusual. Some analysts have even suggested that a strike could lead to losses of around 100 trillion won, highlighting the seriousness of the matter. Even if the emergency mediation authority is activated, the situation will not automatically resolve within 30 days. Professor Lee explained, "If the Central Labor Relations Commission begins mediation, there is a procedure to confirm the mediation proposal and present it to the parties involved, and during those 30 days, they cannot engage in disputes. If the proposal is rejected or mediation fails, the union can strike again after the 30-day period." Thus, the conflict between Samsung Electronics and its labor union presents a larger challenge beyond the activation of the emergency mediation authority. Even if a strike is halted, conflicts over performance bonuses and internal divisions have already become apparent and are unlikely to be resolved quickly. The industrial sector views this situation as a test not only for the labor relations at Samsung Electronics but also for the crisis response systems of key domestic manufacturing industries.* This article has been translated by AI. 2026-05-18 21:56:03