Samsung Heavy Industries First Among Big Three to Conclude Wage Negotiations

By Park boram Posted : September 23, 2026, 21:44 Updated : September 23, 2026, 21:44
삼성중공업, 조선 빅3 중 임금협상 첫 타결…기본급 5.2% 인상
Samsung Heavy Industries has become the first among South Korea's 'Big Three' shipbuilders to finalize wage negotiations. The company will increase its base salary by 5.2% and provide a total of 7 million won in bonuses.

According to Yonhap News on the 23rd, the tentative agreement reached by Samsung Heavy Industries' labor and management was approved by 58.78% of union members in a vote. Under the agreement, the base salary will rise by 131,786 won (5.2%), including regular increments. The bonuses consist of 2 million won for wage agreement encouragement, 3 million won for labor-management harmony, and 2 million won for enhancing future competitiveness, totaling 7 million won.

The method for calculating performance bonuses has also changed. The basis for the excess profit performance bonus (OPI) has shifted from 20% of economic value added (EVA) to 10% of operating profit.

A Samsung Heavy Industries representative stated, "We concluded the wage negotiations based on mutual trust and respect, and all employees will work together to enhance competitiveness and improve performance while striving to build a cooperative labor-management culture."

Meanwhile, HD Hyundai Heavy Industries and Hanwha Ocean are experiencing prolonged labor disputes as negotiations over wages and performance bonuses remain stalled.
쿠팡 '현장조사 불복' 집행정지 기각…공정위 "과태료 부과"
Coupang's request to suspend the effectiveness of a Fair Trade Commission (FTC) investigation has been denied by the Seoul High Court. The FTC plans to impose fines on Coupang for obstructing the investigation.

On the 23rd, the administrative division of the Seoul High Court rejected Coupang's request for a stay of execution against the FTC's investigation. The court stated, "At this time, the public interest outweighs the disadvantages that the applicant (Coupang) may face from the investigation." This ruling suggests that if the request had been granted, it could have opened the door for other companies to halt investigations through similar requests.

Coupang had previously refused to comply with the FTC's investigation regarding allegations of violations of the Large-Scale Retail Business Act and filed a lawsuit for cancellation along with the stay request. Coupang claims that the FTC did not provide prior notice as required by the Administrative Investigation Basic Act regarding violations of the Large-Scale Retail Business Act.

The court temporarily suspended the effectiveness of the investigation decision until the hearing held on the 2nd, where both parties presented their arguments. Coupang explained that the stay request was aimed at obtaining a court ruling on the FTC's investigation, which has historically been conducted without prior notice.

The FTC countered that if the stay request were granted, it would allow future investigations to be halted through similar means, effectively allowing businesses to dictate the timing and nature of investigations.

With the denial of the stay request, the effectiveness of the investigation decision has been reinstated immediately. The FTC plans to convene a meeting to impose fines on Coupang for obstructing the investigation, which could amount to up to 200 million won under current law for refusing to comply with the investigation.
조희대 입장 재표명에 靑 재반박…與野 가세 속 이틀째 충돌
The Blue House and Chief Justice Jo Hee-dae are in a second day of conflict over the issue of reappointment of Supreme Court candidates. After Chief Justice Jo reiterated that the reasons for the reappointment request were unclear, the Blue House countered that the meaning of the official document is clear.

According to Yonhap News on the 23rd, Chief Justice Jo stated, "The reasons for the reappointment request are not clearly stated in the official document, and clear grounds must be presented for the request to be valid and for procedures to be followed according to the Constitution and laws." This marks a continued refusal to comply with the Blue House's request for reappointment made the previous day.

He further emphasized, "The claims regarding procedural flaws during the reappointment process, as reported in the media, are difficult to accept based on constitutional and legal provisions."

In response to Chief Justice Jo's statement, the Blue House issued a rebuttal, pointing out that Chief Justice Jo's failure to submit the appointment consent proposal for Son Bong-ki, the chief judge of the Daegu District Court, as his successor to former Justice Noh Tae-ak, clearly indicates a refusal to appoint.

The Blue House argued, "Chief Justice Jo's assertion that the reasons for the reappointment request are unclear is misleading." They also referenced past controversies regarding the Supreme Court's attempts to re-nominate candidates, stating that the Blue House had legally received four candidates from the Supreme Court's candidate recommendation committee, yet the court's attempts to contact candidates individually to inquire about their willingness to withdraw from consideration lacked legal basis and constituted procedural flaws.
특검 후속수사 기구로 '내란특수본' 검토…야권 "曺 겁박" 반발
President Lee Jae-myung is reportedly reviewing the affiliation and operational structure of a new body to conduct follow-up investigations into insurrection cases following the special investigation. There is speculation that a special investigation unit, combining police and the Serious Crimes Investigation Agency, may be established.

According to Yonhap News on the 23rd, there are currently 46 remaining cases transferred from the second comprehensive special investigation team led by Kwon Chang-young pending with the police. The National Police Agency stated, "We are reviewing an appropriate investigative framework in this regard."

The follow-up investigation body is expected to be established in a special investigation unit format. It is anticipated that the new Serious Crimes Investigation Agency, set to launch on October 2, will collaborate with the police to form this special unit.

As President Lee is currently visiting the United States for the UN General Assembly, a decision regarding the follow-up investigation body is expected to be made after his return on the 27th. If established, this would mark the third separate investigative body dedicated to insurrection cases since the current administration took office, following the Jo Eun-seok insurrection special investigation and the comprehensive special investigation.

The opposition has expressed concerns that the proposal for a follow-up investigation body is an attempt to pressure Chief Justice Jo Hee-dae, who is currently in conflict with the Blue House over the reappointment issue.

Korean People's Power Party leader Jang Dong-hyuk held a press conference at the National Assembly, stating, "While there may be intentions to rally support from lost voter bases, ultimately, this is an attempt to intimidate Chief Justice Jo Hee-dae," and added, "This is the last-ditch effort to prevent President Lee's trial from proceeding."

He further stated, "While claiming to eradicate remnants of insurrection, the trial of President Lee will resume, leaving two possibilities: the resumption of the trial and the push for the impeachment of Chief Justice Jo Hee-dae, which could lead to the impeachment of President Lee Jae-myung."




* This article has been translated by AI.

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