[PARK YONG-SEOK]
With a large-scale strike looming, both Samsung Electronics' management and the government are trying to get the union back to the negotiating table after discussions collapsed earlier this week. The union, however, is asserting that its core demands must be on the agenda before it agrees to sit down.
Samsung Electronics' labor and management failed to reach an agreement on wages and profit-sharing after two grueling days of government-mediated negotiations in Sejong from Tuesday to Wednesday. The strike, which is set to begin on May 21 and end on June 7, could cost the chipmaker up to 30 trillion won ($20.1 billion) in losses. More than 41,000 members have already pledged their participation. [PARK YONG-SEOK]
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