Jeon Young-hyun, Vice Chairman and CEO of Samsung Electronics and head of the Device Solutions (DS) Division, urged employees to unite following a tentative agreement on wage negotiations this year. His message came after a period of intense labor-management conflict that nearly escalated into a general strike, signaling a move toward organizational stability and internal cohesion.
On May 21, Samsung Electronics announced via internal communication channels a notice regarding the '2026 Wage Negotiation Tentative Agreement' along with a message from Vice Chairman Jeon directed at DS Division employees.
In his message titled 'Let's Come Together Again,' Jeon encouraged weary employees from the prolonged conflict and emphasized the need for unity to face the upcoming global semiconductor competition.
He stated, "It was the dedication of our employees, who have worked diligently in their respective roles despite challenging circumstances, that made this possible."
Jeon acknowledged that while there were disagreements and conflicts during the negotiation process, it was clear that everyone shared a commitment to the company. He expressed that he takes seriously the concerns and disappointments employees have felt throughout this process, particularly in light of rising discontent regarding performance bonuses and internal conflicts among business units.
Samsung Electronics and its labor union have been at odds over performance bonus systems and wage increase rates. The issue of compensation for the DS Division has become a central point of contention, especially as the semiconductor market shows signs of recovery. The union had even threatened a general strike, leading to heightened tensions. Amid significant external uncertainties and concerns over potential production disruptions, the parties reached a dramatic tentative agreement, averting a worst-case shutdown scenario.
The tentative agreement still requires a vote from union members. The Samsung Electronics union's joint action headquarters plans to conduct voting from 2 PM on May 22 to 10 AM on May 27. If a majority of the eligible members participate and a majority vote in favor, the agreement will be finalized; however, if it fails, discussions about a general strike may be reignited.
Thus, Jeon's message is interpreted as a heartfelt appeal to union members to endorse the agreement. He urged, "This tentative agreement still requires gathering the opinions of our members. I ask everyone to come together for the future of the company and its employees."
Furthermore, he identified 'the chemical bond of the organization' as a top priority following the labor-management conflict. He emphasized, "What matters now is to leave the time of conflict behind and unite as one. I believe that if we work together based on mutual respect and trust, we can achieve another significant leap forward."
In conclusion, Jeon stated, "The company will continue to listen to the efforts and dedication of our employees and strive to create a better working environment."
* This article has been translated by AI.
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