South Korea labour minister says Samsung Elec, union found common ground on how to distribute profits


Reuters | Updated: 20-05-2026 19:37 IST | Created: 20-05-2026 19:37 IST
South Korea labour minister says Samsung Elec, union found common ground on how to distribute profits

​South ‌Korea's Labour ​Minister Kim Young-hoon said ‌on Wednesday that Samsung Electronics and its union ‌had found common ‌ground on how to distribute profits ⁠before ​signing ⁠a tentative wage deal.

The ⁠tentative wage deal, the ​details of which ⁠will be released shortly ⁠according ​to the union leader, needs ⁠to be voted on ⁠by ⁠union members.

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