Strike Fever at Samsung: When the Economy Meets Labor Tensions The impending strike at Samsung Electronics has all the makings of a high stakes drama, pitting labor rights against corporate interests in a way that will test South Korea's economy.
With President Lee Jae Myung weighing in on both sides, it's clear this is no ordinary industrial dispute. South Korean officials have predicted dire consequences: losses of 1 trillion won ($664.
7 million) directly, and up to 100 trillion won if chip production disruptions force Samsung to scrap semiconductor wafers already in production.