Over 47,000 Samsung Electronics workers set to strike as wage talks break down, sending shares lower
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A strike involving more than 47,000 Samsung Electronics workers will begin on Thursday after wage negotiations between the company and its union broke down, sending shares of the South Korean chip giant down 3%. The union had agreed to the mediation proposal by South Korea's National Labor Relations Commission, but it was rejected by Samsung Electronics, the union spokesperson Choi Seung-ho said in a statement Wednesday. Choi added that Samsung had requested more time for negotiations. However,
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