South Korean PM Welcomes Samsung-Union Talks, Warns of Intervention
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South Korean Prime Minister Kim Min-seok welcomed planned dialogue between Samsung Electronics and its labor union, warning of government intervention including emergency arbitration to prevent economic damage from a looming strike over performance bonuses.
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SEOUL, May 17 (Yonhap) -- Prime Minister Kim Min-seok on Sunday welcomed the planned resumption of dialogue between Samsung Electronics and its labor union amid a looming strike, while warning that the government will consider every possible measure, including emergency arbitration, to minimize potential damage to the national economy.
Kim made the remarks in a public statement addressed to the nation, as labor and management have decided to resume government-led mediation talks Monday, just three days ahead of a planned walkout.
The two sides have remained widely divided over performance-based bonuses tied to the company's earnings from the artificial intelligence (AI)-related semiconductor business.
