Samsung labor talks collapse

Wage negotiations between Samsung Electronics and its labor union have collapsed, setting the stage for an unprecedented 18-day general strike.

The dispute centers on performance-based bonuses as the company regains momentum in the AI memory market.

More than 42,000 workers are expected to walk out, potentially disrupting global chip production.

The government has vowed to support further dialogue to avert the strike, which could have significant economic and political consequences.