Samsung strike talks reach deadline

Samsung Electronics and its largest labor union are set for a 'last chance' meeting on Monday to avert a massive strike that could disrupt global chip supplies.

A South Korean court has already issued a partial injunction restricting the union's ability to halt production for safety reasons.

The government has warned that a walkout by 50,000 workers could result in losses of up to 100 trillion won.

Negotiators remain divided over profit-sharing formulas and performance-based bonuses as the Thursday strike deadline looms.