BlockBeats News, May 20th, the Samsung Electronics South Korea union announced the postponement of the planned strike scheduled for tomorrow. Earlier on the 18th, a South Korean court partially approved Samsung Electronics' request for an injunction against the union's planned strike. If the Samsung union fails to comply with the court order and continues the strike, it will face a daily fine of approximately 100 million South Korean won.

The Samsung Electronics union had originally planned to launch an 18-day general strike starting on May 21st. The core reason is to seek a larger share of dividends in the company's AI semiconductor business, which is expected to achieve historically high profits by 2026. The union demands the removal of the performance bonus cap, with 15% of the company's operating profit allocated as a source of performance bonuses to be institutionalized and transparent. They also seek a 7% increase in basic wages to narrow the salary gap with their competitor, SK Hynix. The Samsung management, on the other hand, is only willing to offer a one-time special bonus or a limited 10% profit-sharing scheme, refusing to permanently change the system out of concern for increasing long-term operational burdens that may affect competitiveness and shareholder interests.