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u/Fair_Lychee2839

▲ 3 r/SNDK_Stock

SanDisk gain as Samsung workers on brink of strike

Investing dot com -Micron Technology Inc (NASDAQ:MU) shares rose 3.9% in premarket trading Thursday, while SanDisk (NASDAQ:SNDK) gained 2.2%, as investors assessed the impact of a planned strike at Samsung Electronics (KS:005930).

Samsung Electronics' South Korean union plans for 48,000 workers to walk off the job Thursday after efforts to reach a deal on bonus payments fell through. The 18-day strike follows failed negotiations mediated by the country's labour minister.

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u/Fair_Lychee2839 — 2 days ago
▲ 11 r/SNDK_Stock

Samsung Electronics Proactively Cuts Semiconductor Output Ahead of Strike

Samsung Electronics has decided to proactively adjust its semiconductor production volume ahead of a one-week general strike by its labor union. The move aims to prevent the worst-case scenario of halted semiconductor production lines due to the strike, by preemptively reducing output and enhancing stability. This effectively means sacrificing revenue and profits to prioritize accident prevention, with critics noting that the strike’s impact is already materializing.

https://www.chosun.com/english/industry-en/2026/05/14/WLLCROY4YBGTRNYCTY5TFNW3X4/

u/Fair_Lychee2839 — 8 days ago