Samsung Electronics Executives Meet with Union Leaders to Address Bonus Dispute

Samsung Electronics' semiconductor division executives have traveled to the Pyeongtaek campus to meet directly with union representatives in an effort to resolve a dispute over performance bonuses.

According to industry sources on May 15, Vice Chairman Jeon Young-hyun and other executives from the semiconductor (DS) division are set to meet with Choi Seung-ho, chairman of the Samsung Electronics branch of the Korean Metal Workers' Union.

In an official statement, the executives expressed their belief that the union is part of a shared family and community, stating, "We will approach the dialogue with an open attitude, without conditions." They also urged the union to engage in discussions promptly, considering the public's concerns and the national economy.

This marks the first time the executives have taken such direct action to meet with union leaders. With a general strike announced by the union just six days away, this move is seen as a strong commitment to avert a strike that could result in losses amounting to tens of trillions of won.

Samsung Electronics emphasized its dedication to resolving internal issues amicably while focusing on enhancing its technological competitiveness.

The executives stated, "We are in an era of infinite competition where the global business environment is changing rapidly, and we cannot afford to waste time on internal matters." They pledged to collaborate and share wisdom while considering the current economic situation and South Korea's long-term future.

They concluded by promising to be a steadfast pillar for the national economy through sound management, continuous technological innovation, and bold future investments.