Samsung pay deal brings relief but exposes divisions in South Korean city


FILE PHOTO: Employees head to work at Samsung Electronics semiconductor plant in Pyeongtaek, South Korea, May 21, 2026. REUTERS/Kim Hong-Ji/File Photo

PYEONGTAEK, South Korea, ⁠May 21 (Reuters) - Around Samsung Electronics' sprawling chip complex southwest of Seoul, workers and residents have met news of a last-gasp pay ⁠agreement to prevent a strike with both relief and concern.

The complex is the firm's largest semiconductor production site, manufacturing a ‌range of chips that have been in high demand from an artificial intelligence boom and generating record profits - but also stoking union demands for a fairer share.

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