Samsung Electronics Shares Rise After Union Suspends Strike Following Tentative Wage Deal

Samsung Electronics shares surged over 6% after its labor union suspended an 18-day strike following a tentative wage agreement. The deal, reached during government-mediated negotiations led by South Korea's minister for labor and employment Kim Young-hoon, eased concerns about production disruptions at the company.

By Lim Hui Jie · CNBC · May 21, 2026, 02:42 UTC

Tickers: $NVDA

Topics: labor strike Samsung Electronics semiconductor industry wage agreement

Read the full article at CNBC

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