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South Korea is considering emergency measures to prevent a labour strike at Samsung Electronics, the country’s largest employer and biggest memory chip maker.
Prime Minister Kim Min-seok warned that even a one-day shutdown at Samsung’s semiconductor factory could cause massive economic losses.
Samsung and its labour union are set to resume pay talks with government mediation to avoid disruption.
The government may use emergency arbitration, which would temporarily ban strike action for 30 days.
Samsung plays a major role in South Korea’s economy, accounting for nearly a quarter of the country’s exports.