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Samsung Workers Protest, Demand Increase Bonus Pay, Annual Leave Extension ~ OsazuwaAkonedo
Jun 7, 2024
Samsung Workers Protest, Demand Increase Bonus Pay, Annual Leave Extension ~ OsazuwaAkonedo #Korea #Electronics #Samsung #South #Strike #Union Some Workers Of Samsung Electronics Company, One Of The World's Largest Producers Of Smartphones And Other Technology Devices On Friday Staged A Protest To Demand Increment In Performance Base Bonus Payment And Additional Day To The Company Workers Paid Annual Leave. https://osazuwaakonedo.news/samsung-workers-protest-demand-increase-bonus-pay-annual-leave-extension/07/06/2024/ #Breaking News Published: June 7th, 2024 Reshared: June 7, 2024 6:26 pm
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some workers of Samsung Electronics
0:01
Company one of the world's largest
0:03
producers of smartphones and other
0:04
technology devices on Friday stage a
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protest to demand increments in
0:08
performance Bill bonus payments and
0:09
additional day to the company workers
0:10
paid annual leave many considered the
0:13
strike action by the workers as
0:14
historical on the ground that the
0:15
founder of Samsung Lei on CH who in 1987
0:19
was strictly opposed to the formation of
0:21
unions saying he would never allow them
0:23
until I have that over my eyes it may be
0:26
recalled that Samsung Electronics had
0:27
its first Workers Union formed in the
0:29
late 2010 rotters reported that eight
0:31
members of the Samsung Electronics Union
0:33
staged the protest in South Korea on
0:35
Friday and AFP report indicated that the
0:36
total numbers of the workers union that
0:38
staged the proes at the company
0:39
headquarters were 10 in numbers details
0:42
of the strike action as reported by AFP
0:44
international news agency and as well as
0:46
it recaptured by punch newspaper R Veron
0:48
below workers at te giant Samsung
0:50
Electronics in South Korea staged the
0:52
first strike at the company on Friday
0:54
they heard of a major Union representing
0:55
tens of thousands of people said Samsung
0:58
Electronics is one of the world's
0:59
largest smartphone makers and also one
1:01
of the only companies globally to
1:02
produce highend memory chips used for
1:04
generative AI including topof the line
1:06
artificial intelligence Hardware from
1:07
industry leaders such as Nvidia
1:09
management at the FM the world's biggest
1:11
producer of memory chips has been locked
1:13
in negotiations with the Union over
1:15
wages and benefits since January but the
1:17
two sides have failed to narrow their
1:18
differences Lee am cook vice president
1:21
of the national Samsung Electronics
1:23
Union said Friday's Collective action
1:25
was largely symbolic but it's a
1:26
beginning we have plans for followup
1:28
strikes in the management is not willing
1:30
to communicate with us openly Lee told
1:32
AFP the union is not ruling out an all
1:35
out general strike union hon W added
1:37
that the first strike at Samsung
1:39
Electronics was taking place through the
1:41
use of paid leave and it is understood
1:43
that many employees are participating
1:45
it's difficult to provide an exact
1:47
number but from what I've seen of the
1:49
workplace attendance in the morning
1:50
there is a significant difference from
1:52
the usual he said Samsung Electronics
1:55
said it has been diligently engaging in
1:57
negotiations with the union and will
1:58
continue to do so and that there is no
2:01
impact on production and business
2:02
activities the P Le usage rate on Friday
2:05
was lower than that of June 5th last
2:07
year which like June 7th was sandwiched
2:09
between a public holiday and the weekend
2:11
the company said in a statement around
2:14
10 workers held a protest in front of
2:15
Samsung's major office in so on Friday
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chanting respect level Samsung
2:20
Electronics is the flagship subsidiary
2:22
of South Korean giant Samsung Group by
2:24
far the largest of the family controlled
2:25
conglomerates that dominate business in
2:27
aia's fourth largest economy the company
2:29
has offered workers a pay hike of 5.1%
2:32
this year the union told AFP on Friday
2:34
that it is willing to positively review
2:37
that offer if Samsung also provides an
2:39
additional lay of annual Le and
2:40
transparent performance-based bonuses
2:42
tyan based market research FM trendforce
2:44
said that the stength would not impact
2:46
drum and n and Flash production nor
2:48
would it cause any shipment shortages
2:50
Samsung accounts for a significant chunk
2:52
of global output of the high and chaps
2:54
but the stke involves headquarters
2:55
employees not workers on the production
2:57
lines train Force said in a report
2:59
finally FS rely heavily on automated
3:02
production and require minimum human
3:03
label therefore the strike will not have
3:06
any substantial impact on the future
3:08
memory Supply the report said even so
3:11
the strike carries historical importance
3:13
since Samsung resisted unionization and
3:14
engaged in Union buting for so long
3:16
vladim T professor of Korean studies at
3:19
the University of Oso told AFP he said
3:21
the collective action showed that there
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is a gradual tendency towards
3:25
empowerment of Labor in South Korea
3:27
Samsung Electronics avoided the
3:28
unionization of its employees for almost
3:30
50 years sometimes adopting ferocious
3:32
tactics according to critics while
3:34
rising to become the world's largest
3:36
smartphone and semiconductor
3:37
manufacturer Samsung founder Le on Cho
3:40
who died in 1987 was adamantly opposed
3:43
to unions saying he would never allow
3:45
them until I have that over my eyes the
3:47
first labor union at Samsung Electronics
3:49
was formed in the late 2010s in 2020 lij
3:53
young the company's and vice chairman
3:55
and the founders grandson apologized to
3:57
everyone who has been paid by labor
3:59
issues Samsung adding he would make sure
4:02
the company is not criticized for Union
4:04
free management still the national
4:06
Samsung Electronics Union which has
4:08
around 28,000 members or more than a
4:10
fifth of the company's total Workforce
4:12
has said the word strike has been a
4:15
double word at the take giant Union neut
4:17
told AFP that the strike W lead to A
4:20
disruption in production and we don't
4:21
want it to lead into one we just want
4:23
Samsung to hear our voice he said
4:26
semiconductors are the light blood of
4:27
the global economy used in everything
4:29
from Kitchen appliances and mobile
4:30
phones to cars and weapons they are
4:32
South Korea's leading export and hit
4:34
$1.7 billion in March accounting for a
4:37
fifth of total exports according to
4:39
trade Ministry figures shares of Samsung
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Electronics closed down 0.13% on
4:46
Friday bringing you the news in a more
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Digital Way
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