Samsung Electronics (005930 KS) says meeting the union's demands would have shaken core principles and claims that the union sought bonus payments that would not be acceptable in broader society

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Samsung Electronics (005930 KS) says meeting the union's demands would have shaken core principles and claims that the union sought bonus payments that would not be acceptable in broader society

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Says:

  • Union persisted with pay demands for a loss-making division that it deems unreasonable.
  • Plans to address the dispute through negotiations with the union.

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