On May 14, reports surfaced indicating that the wage negotiations between Samsung Electronics and its largest labor union had broken down on May 13. The union declared that it would go ahead with the planned 18-day strike starting from May 21, with over 40,000 employees having registered to take part, many of whom were from the semiconductor division. Such a strike has the potential to bring the world's largest memory chip factory to a standstill, triggering substantial fluctuations in the spot memory market. Notably, in China's Shenzhen Huaqiangbei, a well-known electronics market hub, DDR4 chip prices witnessed a staggering 20% increase within just one week.
