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On Monday, Samsung Electronics and its labor union entered into final-stage negotiations, striving to head off what could potentially be the largest strike in the tech behemoth's history. With apprehensions mounting that a work stoppage, spearheaded by more than 45,000 employees, might take a toll on South Korea's economic landscape and wreak havoc on the global supply chain, the situation has become increasingly tense. The strike is poised to commence on Thursday and is expected to persist for 18 days, coinciding with a period of acute global shortage of memory chips. These chips serve as indispensable components for AI data centers, smartphones, and laptops. Over recent months, the chip scarcity has substantially inflated profits for Samsung and its industry counterparts.
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