Samsung Electronics Shareholder Group: "Union's Justification Is Sophistry and Contradictory... Will Become a Disastrous Strike"

"Once You Fall Behind in Semiconductors, There Is No End to the Decline"

Yonhap News Agency

On May 12, a group of Samsung Electronics shareholders condemned the union's strike, stating that it "will become a disastrous strike that chokes the lifeblood of the Korean economy."

The 'Samsung Electronics Shareholder Action Headquarters' held a press conference that afternoon in front of Exit 1 of Hangangjin Station in Yongsan-gu, Seoul, and criticized, "The union has cited fair treatment for Samsung's future and science and engineering talent as the justification for the strike, but this is sophistry and self-contradictory."

They also emphasized, "Due to the nature of the semiconductor industry, once you begin to fall behind, there is no end to the decline," and insisted, "For semiconductors and other national strategic industries, an emergency law to fundamentally prohibit strikes should be enacted, even today if possible."

The National Samsung Electronics Labor Union has been holding a tent protest in front of Chairman Lee Jae-yong's residence in Yongsan-gu for 16 consecutive days. At present, Samsung Electronics management and labor are undergoing the final post-mediation process; if a resolution is not reached, the union plans to announce a general strike on May 21 at 1 p.m. in front of Chairman Lee's residence.

Meanwhile, Choi Seungho, head of the largest union at Samsung Electronics, the Samsung Electronics Branch of the Super-Enterprise Union, told reporters before attending the post-mediation meeting at the Central Labor Relations Commission at the Sejong Government Complex that day, "We are solely focused on achieving results that satisfy our union members."

This content was produced with the assistance of AI translation services.