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Samsung is heading toward a strike that could impact global chip supplies and smartphones

Fast Company Tech Associated Press May 20, 2026
Samsung is heading toward a strike that could impact global chip supplies and smartphones
AI Summary— plain English for professionals

# Samsung Workers Plan Strike Over AI Profits Samsung's factory workers are set to strike starting Thursday over pay disputes, which matters because Samsung makes about one-third of the world's memory chips that power everything from smartphones to AI systems. The company has been hugely profitable lately thanks to soaring demand for AI technology, but the union says workers haven't received fair raises to match those gains. If the strike goes ahead, it could slow down chip shipments globally and drive up prices for consumers buying new devices.

Management and union leaders at Samsung Electronics failed to reach a last-minute deal over wages Wednesday, raising prospects for a strike at the South Korean electronics giant that could rattle global semiconductor supplies and the country’s trade-dependent economy.Government officials have threat

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