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Both sides were under pressure to reach a deal after South Korea’s government warned that it could invoke emergency-mediation powers to force a settlement if negotiations fail.

Samsung Electronics and its South Korean labour union are set to join a new round of government-mediated pay talks on Monday, in ‌a bid to avert a strike at the tech giant, which accounts for nearly a ‌quarter of the country's exports. The talks resume days after a first round of government-mediated negotiations over pay and bonus schemes ​collapsed, ahead of a strike scheduled to begin on Thursday at the world's largest memory chipmaker. South Korean government officials, including the prime minister and finance minister, have voiced concerns that a strike should be avoided at all costs, warning it could pose significant risk to economic growth, exports and financial markets.

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South Korea will pursue all options, including emergency arbitration, to avoid a labour strike at the country's ‌biggest employer Samsung Electronics and to minimise any damage if ‌one does occur, its prime minister said on Sunday. The world's largest memory chip maker and ​its South Korean labour union will resume pay talks on Monday with a government mediator, in a move that could ease concerns over a potentially disruptive strike at the tech giant that accounts for nearly a quarter ‌of the country's exports. "Just ⁠one day of suspension at Samsung Electronics' semiconductor factory is expected to incur direct losses of as much as ⁠1 trillion won ($667.68 million)," Prime Minister Kim Min-seok said after an emergency meeting with ministers on Sunday.

Investors already factor in cyclicality in the chip industry. The bad news is that they’ve frequently gotten their assessments wrong.

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Samsung Electronics Chairman Jay Y. Lee apologised to customers and the public on ‌Saturday over the company's wage dispute with its South ‌Korean labour union ahead of a possible strike that could shake the ​economy. "I sincerely apologise to customers around the world for causing anxiety and concern due to issues within our company," Lee said in his first public remarks on the dispute, adding that ‌he also "deeply bows in ⁠apology to the public". After pay negotiations broke down this week, the labour minister met Samsung ⁠Electronics management on Saturday and urged the company to take an active role in resolving the dispute through dialogue.

Netlist (OTCMKTS:NLST) reported record quarterly revenue for the first quarter of 2026, citing strong demand for memory products, tight industry supply and higher DRAM pricing as key drivers of its performance. Chief Executive Officer Chuck Hong said the company delivered “a strong first quarter pe

A looming 18-day strike at South Korean chip giant Samsung that has triggered worries within the government, rattled foreign investors and threatened global supply chains rests on one crucial question: who should share in the spoils of the AI boom? More than 45,000 workers are threatening to stage the largest strike in the conglomerate's history from May 21, reducing production of memory chips that are crucial components in AI data centres, smartphones and ‌laptops, as Samsung and its union struggle to find a compromise over bonus payouts. Samsung Electronics, which has reaped huge profits from a global memory shortage, has offered to pay generous bonuses to staff.

By Hyunjoo Jin SEOUL, May 15 (Reuters) - A looming 18-day strike at South Korean chip giant Samsung that has triggered worries within the government, rattled foreign investors and threatened global

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Japanese memory chipmaker Kioxia said on Friday it expected ‌operating profit for the April-June quarter ‌to reach 1.3 trillion yen ($8.20 billion) as the ​artificial intelligence boom boosts chip demand. The maker of NAND flash memory chips reported operating profit rose 92.7% to 870.4 billion ‌yen in the ⁠year ended March, beating estimates. Kioxia said it is preparing to ⁠list American depositary shares on a U.S. exchange to grow its investor base.

Samsung Electronics' South Korean labour union said on Friday it remained committed to a planned strike starting next week, even after the company proposed resuming ‌pay talks without conditions, sending shares down as much as 5.9%. Analysts attributed the share decline to growing uncertainty over the potential impact of a strike on production and concerns about Samsung's ability to meet its commitments to customers. "There appears to be rising concerns over delivery reliability if ‌the strike takes place and sentiment that rivals ⁠could benefit from the uncertainty," said Ryu Young-ho, a senior analyst at NH Investment & Securities.

Samsung Electronics' South Korean labour union said on Friday the ‌tech company had proposed resuming talks ‌without conditions, days after government-mediated negotiations over pay and ​bonus schemes collapsed. Samsung Electronics shared a statement confirming ⁠its offer of unconditional talks, though it did not immediately provide further comment. Samsung's union said ​on Thursday ​it would sit ​down for talks if ‌the company presented a detailed proposal addressing the union's demands by 0100 GMT on Friday.

A red-hot ETF that launched just six weeks ago has surpassed Cathie Wood's flagship ARK Innovation (ARKK) fund in assets. Roundhill's Memory ETF, known by ticker DRAM, has accumulated some $9 billion in assets since its April 2 launch. Individual investors have been piling into the fund at an unprecedented pace for a new launch, according to data provider Vanda Research.

Samsung Electronics on Thursday proposed that its South Korean labour union resume pay talks after government-mediated negotiations fell apart, a ‌union leader said, citing a letter from the company. South Korea's Labour Commission also ‌called on the two sides to hold another round of government-mediated talks on Saturday in a bid to avert ​a threatened lengthy strike. "There is no reason to continue the dialogue without institutionalisation and transparency," union representative Choi Seung-ho said in response to the letter, referring to the union's demand for an overhaul of Samsung's bonus scheme.

Samsung Electronics on Thursday proposed that its South Korean labour union ‌resume pay talks after government-mediated negotiations fell ‌apart, a union leader said, citing a letter from the company. South ​Korea's Labour Commission also called on the two sides to hold another round of government-mediated talks on Saturday in a bid to avert a threatened lengthy ‌strike. "There is no ⁠reason to continue the dialogue without institutionalisation and transparency," union representative Choi Seung-ho ⁠said in response to the letter, referring to the union's demand for an overhaul of Samsung's bonus ​scheme.

SK Hynix is on the verge of topping a $1 trillion market value, just weeks after Samsung Electronics crossed the milestone, ‌as strong demand for artificial intelligence places South Korea at the heart ‌of Asia's AI boom. SK Hynix shares have risen more than 200% this year, after rising an eye-watering ​274% in 2025, driven by AI-related demand for both conventional memory chips and high-bandwidth memory (HBM) chips used in AI servers. If SK Hynix joins Samsung above the trillion-dollar threshold, South Korea would become the first country outside the United States to have more than ‌one trillion-dollar company.

Micron wiped out roughly $100 billion in market value at Tuesday's low, and chip bulls still bought the dip.

By Gregor Stuart Hunter SINGAPORE, May 13 (Reuters) - Asian stocks found their footing after an initial selloff on Wednesday, helped by a turnaround in Korean shares as revived AI optimism dwarfed

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Samsung Electronics’ talks with its labor union failed to reach an agreement over how the company’s massive profits are distributed, raising the likelihood of a strike next week.

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Samsung Electronics said on Wednesday ‌it regretted the collapse ‌of pay deal talks with its ​South Korean union, flagging concerns that it could heighten anxiety among employees, shareholders ‌and the ⁠public. The company said it would continue efforts ⁠to prevent a worst-case scenario through what it ​described as "sincere ​dialogue" ​with the union. The ‌union leader said earlier on Wednesday that it failed to reach a pay deal with the company, ‌warning that more ​than 50,000 workers ​could ​go ahead with ‌a full strike for ​18 ​days from May 21 that threatens to disrupt ​production ‌of AI and other chips.

Samsung Electronics' labour union in South Korea said on Tuesday it would walk out ‌of ongoing pay negotiations if no mediation proposal was ‌offered within two hours. The company is sticking to its proposal of assigning 10% of operating profit to a performance bonus pool, union representative Choi Seung-ho told reporters. He ‌said it has been ⁠waiting for a mediation proposal for three hours.

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