Samsung Electronics said Thursday on its conference call for 2026 first-quarter earnings that its labor union, following a rally at its Pyeongtaek site on April 23, has warned of a general strike from May 21 to June 7.
"It is difficult to comment on a strike at this point, but even if a strike occurs, we plan to respond to the fullest extent possible within legal limits through a dedicated organization and response system so that production disruptions do not occur," the company said.
Samsung added that, separate from strike preparations, it is responding "in good faith" to labor-management issues in line with laws and procedures and will prioritize talks with the union to reach an amicable resolution.
The company also said a provision for performance bonuses is expected to be reflected in the second quarter. Samsung said discussions with the union are ongoing and that specific payment conditions and the amount have not been finalized. As a result, it was not reflected in this quarter’s results, and the company will decide whether to book the provision in the second quarter, and at what level, depending on the outcome of negotiations.
* This article has been translated by AI.
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