Samsung union open to averting strike, wants pay transparency

Company is bleeding talent to memory chip rival SK Hynix, labor leader says Samsung Group United Union returned to negotiations with management on May 11. (SGUU) SEOUL — The head of the biggest labor union at Samsung Electronics says it would prefer to avoid a strike set to begin May 21 if the South Korean company improves transparency in its compensation, citing concerns over employee distrust and talent outflows to rivals.

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