Samsung Electronics’ board chairman urges union to resolve pay disputes

SEOUL: The board chairman of Samsung Electronics has urged unionised workers to resolve pay disputes with management, warning that a planned strike could ‌hurt ⁠investors and ⁠employees and have “serious consequences” for the Korean economy.

In an internal memo to employees on Tuesday, Shin Je-yoon said he was “worried about losing market leadership ⁠amid fleeing customers ‌and falling competitiveness” if strikes disrupted deliveries and ⁠production, according to a Samsung statement.

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