Samsung Executives Head to Pyeongtaek for Talks with Union Chief

Finance|
|
By Lee Seok-jin
||
Jun Young-hyun, vice chairman, CEO and head of the device solutions division at Samsung Electronics, delivers opening remarks as chair of the company's 57th annual general meeting at the Suwon Convention Center in Yeongtong-gu, Suwon, Gyeonggi Province, in March. Yonhap News - Seoul Economic Daily Finance News from South Korea
Jun Young-hyun, vice chairman, CEO and head of the device solutions division at Samsung Electronics, delivers opening remarks as chair of the company's 57th annual general meeting at the Suwon Convention Center in Yeongtong-gu, Suwon, Gyeonggi Province, in March. Yonhap News

Samsung Electronics (005930.KS) Vice Chairman and CEO Jun Young-hyun and other executives from the company's Device Solutions (DS) division have departed for the Pyeongtaek Campus to meet with Choi Seung-ho, head of the Samsung Electronics chapter of the National Samsung Electronics Union.

In an official letter sent to the union earlier in the day, the executives said, "We regard the union as one family and a community sharing the same destiny, and we will engage in dialogue with an open attitude and without preconditions." They added, "Considering the concerns of the public and the national economy, we ask you to come to the negotiating table as soon as possible."

After sending the letter in the morning, the DS division's senior management convened all team leaders at the executive level (vice president and above) of the Memory Business Division to discuss responses to the general strike, before departing for the Pyeongtaek Campus at around 2 p.m.

Lee Kyu-yeon, the Presidential Office's senior secretary for public relations, said Wednesday that "implementing emergency arbitration in the event of a Samsung Electronics union general strike is not yet at a stage where it can be decided," adding, "We hope the labor-management negotiations will conclude well."

Union members reacted with comments such as "It looks like the government will invoke emergency arbitration," "The moment they use it, we all go down together," and "After all this, do they expect us to work normally?"

Original reporting by Lee Seok-jin for Seoul Economic Daily.

AI-translated from Korean. Quotes from foreign sources are based on Korean-language reports and may not reflect exact original wording.

AI KEY

Preview
Korean Corporate Intelligence HubKOSPI · KOSDAQ · 12 sectors

A live, cap-weighted view of every KOSPI and KOSDAQ sector, with same-day Korean reporting distilled by company — built for foreign investors, correspondents and analysts who need to scan Korea before the next session.

Korea Chaebol Tree

Preview
Families Behind the GroupsKFTC May 2026 · DART filings

An English-first interactive map of Samsung, SK, Hyundai, LG and Lotte — built for foreign investors, correspondents and analysts. Korea translates companies into English. We translate the families behind them.

SIGNAL

Pre-register
English Edition · Capital MarketsM&A · IPO · PE · Fund Flows

Pre-register for SIGNAL English Edition — a premium subscription bringing Korean capital markets coverage (M&A, IPOs, private equity, fund flows) to global institutional investors. First access to the 50% introductory rate.