The board chairman of Samsung Electronics has urged unionised workers to resolve pay disputes with management, warning that a planned strike could hurt investors and employees and have "serious consequences" for the Korean economy. In an internal memo to employees on Tuesday, Shin Je-yoon said he was "worried about losing market leadership amid fleeing customers and falling competitiveness" if strikes disrupted deliveries and production, according to a Samsung statement. Such disruption at the chipmaker, South Korea's largest company by revenue, could trigger capital outflows, a drop in national tax revenue, and a weakening of the won currency, he said.