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Bloomberg Television
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Samsung Union to Strike Over Bonus Dispute
Samsung Electronics' largest union has decided to proceed with a strike after failed negotiations with the company over bonus payments. The union's demands, including performance bonuses for loss-making units, were deemed unacceptable by Samsung, which argued that they went against company principles and could set a dangerous precedent. The strike, planned for the following day, could potentially disrupt production. The government has intervened, seeking an injunction to restrict the workers' movement and maintain production lines, but the union has hinted that it will proceed with the strike despite the legal restrictions.