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Market · May 21, 2026, 03:31 AM · 1 source

Samsung shares +6% after union suspends strike on tentative wage deal

Samsung Electronics shares rallied 6% after the National Samsung Electronics Union suspended its strike following a tentative wage agreement with management. The deal, pending a workers' vote, averts an projected 18-day production disruption that could have cost billions in chip fabrication downtime.

Sources

Everything this brief rests on
  1. 01 Primary source cnbc.com