Samsung Biologics' first union strike enters second day with stalled talks

Unionized workers at Samsung Biologics, the biotech arm of Samsung Group, extended their historic first strike since the company's 2011 founding into a second day on May 2, 2026. The walkout over wages and other issues shows no signs of resolution after the Friday launch.

SEOUL, May 2 (Yonhap) -- Union officials confirmed that striking workers at Samsung Biologics continued their action Saturday, marking the second day of the biotech firm's first labor walkout since its establishment in 2011.

The ongoing strike follows 13 failed negotiation rounds, with the union demanding a 14 percent raise in base and performance pay, a 30 million won one-off incentive per worker, and 20 percent of annual operating profit as bonuses. The company has offered a 6.2 percent combined increase.

Little progress has been made in bridging differences on wages and other matters. The parties are scheduled for labor ministry mediation talks on Monday.

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Union workers on picket line outside Samsung Biologics facility during historic first strike over pay disputes.
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Samsung Biologics union launches first general strike over pay

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Unionized workers at Samsung Biologics launched a five-day general strike on Friday over pay disputes. This marks the biotech firm's first labor strike since its 2011 founding. The company is deploying personnel to minimize disruptions but reports some production halts.

Unionized workers at Samsung Biologics ended their historic five-day general strike on Wednesday and shifted to a work-to-rule campaign to sustain pressure over pay demands. A one-on-one meeting with management is set for later Wednesday, followed by a three-way session with the labor ministry on Friday, amid ongoing disagreements.

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Samsung Biologics' labor union, on strike since Friday in its first-ever walkout, agreed to resume negotiations with management on Monday under mediation by the Jungbu regional employment and labor office. Around 2,800 of 4,000 unionized workers are participating as the action enters its third day, with the union planning to continue until Tuesday.

Unionized workers at Samsung Electronics have suspended wage talks with management, citing a lack of sincerity. Choi Seung-ho, head of the Samsung Electronics unit at the Samsung Group United Union, said the sides failed to agree on removing the cap on performance-based bonuses. The decision came three days after talks resumed on Tuesday.

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Unionized workers at Samsung Electronics approved a wage agreement on May 27. The vote eased concerns about potential disruptions to the global supply chain.

South Korean stocks opened sharply higher on Thursday amid optimism over US-Iran talks and a tentative wage agreement at Samsung Electronics. The gains triggered a temporary trading halt on the futures market.

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Seoul stocks opened Thursday at a fresh high above 6,700, driven by solid chip demand expectations following strong first-quarter earnings from Samsung Electronics and U.S. big tech firms. The benchmark KOSPI rose as high as 6,739.39 at the opening bell before adding 19.51 points, or 0.29%, to 6,710.41 as of 9:15 a.m. The index had closed at a new peak of 6,690.90 the previous day, marking three straight days of gains.

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