By using this site, you agree to the Privacy Policy and Terms & Conditions.
Accept
Okay.ngOkay.ngOkay.ng
Font ResizerAa
  • News
    • Politics
  • Entertainment
  • Business & Economy
  • Sport
  • Tech
Reading: Samsung Strike: Union Says Production Affected Despite Company’s Claims
Share
Font ResizerAa
Okay.ngOkay.ng
  • News
  • Entertainment
  • Business & Economy
  • Sport
  • Tech
Search
  • News
    • Politics
  • Entertainment
  • Business & Economy
  • Sport
  • Tech
Follow US
  • About Okay.ng
  • Advertising on Okay.ng
  • Contact Okay.ng
  • Careers
  • Meet the Team behind Okay.ng
  • Ownership and Funding of Okay.ng
  • Editorial Principles at Okay.ng
© OKN MEDIA PUBLISHING 2022 - All rights reserved
Tech

Samsung Strike: Union Says Production Affected Despite Company’s Claims

Adamu Abubakar
By Adamu Abubakar
Published: July 9, 2024
Share
1 Min Read
SHARE

Despite Samsung’s claims of no disruption, the National Samsung Electronics Union says the ongoing three-day strike is affecting production. Over 5,000 union members have stopped work, seeking better pay and benefits. The union represents over 30,000 workers, a significant portion of Samsung’s workforce.

Samsung reported a significant increase in expected operating profits, up 1,452.2% to $7.54 billion, and a 23.3% rise in sales. However, negotiations between the union and management have failed to resolve differences on benefits and a 5.1% pay raise offer was rejected.

Okay.ng understands that the strike may impact memory chip production, a crucial segment of Samsung’s business. The union claims the company is not listening to their concerns, and the strike is a desperate measure to be heard.

Stay Updated on the Go with Our Latest News—Join Our WhatsApp Channel Now!
Share This Article
Facebook Whatsapp Whatsapp Telegram Email Copy Link Print
Previous Article Tinubu Honours Sheikh Dahiru Bauchi on 100th Birthday
Next Article Kwara Varsity Expels 175 Students for Various Offenses

Connect with Okay on Social

FacebookLike
XFollow
InstagramFollow
TelegramFollow

Dollar/Naira Rates

Dollar to Naira Rate

Okay.ng Logo
Buy Rate ₦1,560.00
Sell Rate ₦1,570.00

Updated: 2 days ago

Displayed rates are for informational purposes only and are subject to change.

Quick Converter

- Advertisement -
- Advertisement -
Ad imageAd image
- Advertisement -
Ad imageAd image

Recent Posts

Tinubu and Saint Lucia’s Prime Minister Agree to Establish Formal Diplomatic Relations
International
Ali Bukar Dalori
Ali Bukar Dalori Assumes Role as APC Acting National Chairman After Ganduje’s Resignation
Politics
MI Abaga
MI Abaga Expresses Regret Over Past Support for APC
Celebrities
Senator Natasha Akpoti-Uduaghan
JUST IN: Court Grants Senator Natasha Akpoti-Uduaghan Bail on Self-Recognition
News Top stories
Anambra State Orders Investigation After Viral Video Shows Possible Anti-Touting Squad Excesses
News
- Advertisement -
Ad imageAd image

You May Also Like

News

Kano Governor, Emir Sanusi, and Jigawa Leaders Attend Alhaji Aminu Dantata’s Burial in Saudi Arabia

Oluwadara Akingbohungbe
Oluwadara Akingbohungbe
June 30, 2025
International

Two Firefighters Killed in Idaho Wildfire Ambush as Gunman Opens Fire

Oluwadara Akingbohungbe
Oluwadara Akingbohungbe
June 30, 2025
News

FG Rewards 18 Civil Servants with Cars, Laptops for Outstanding Service

Oluwadara Akingbohungbe
Oluwadara Akingbohungbe
June 30, 2025
Okay.ngOkay.ng
Follow US
© OKN MEDIA PUBLISHING 2025 - All rights reserved
  • About Okay.ng
  • Advertising on Okay.ng
  • Contact Okay.ng
  • Careers
  • Meet the Team behind Okay.ng
  • Ownership and Funding of Okay.ng
  • Editorial Principles at Okay.ng
adbanner
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?