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Samsung workers threaten historic strike

Samsung workers threaten historic strike

Protesters are venting their anger over a widening compensation gap between Samsung and its rival, SK Hynix.

The union, which represents roughly 74,000 workers, argues that the company has failed to share the massive profits generated by the current artificial intelligence boom.

Industry analysts warn that a prolonged work stoppage could severely impact the supply of high-bandwidth memory chips.

The rally marks one of the largest labor actions in the history of the South Korean tech giant.

Samsung Electronics Oskar Alexanderson, CC BY-SA 2.0
Samsung Electronics
South Korean multinational electronics corporation
SK Hynix
South Korean memory semiconductor supplier
Pyeongtaek
City in Gyeonggi Province, South Korea
South Korea
Country in East Asia