Samsung braces for potential strike as talks resume. The South Korean tech giant, which represents nearly a quarter of the country's exports, faces a Thursday strike deadline after initial wage negotiations collapsed. Government officials, including the prime minister and finance minister, are pushing hard to prevent industrial action, warning it could significantly damage economic growth and financial markets. The government is prepared to invoke emergency arbitration if needed, which would halt strikes for thirty days. Samsung's chip division has already warned major customers like Nvidia about potential quality issues during a work stoppage. The union remains firm on demanding better compensation and has rejected pressure regarding arbitration. Samsung shares rose 0.7% while the broader market declined 2.
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