this post was submitted on 16 May 2026
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278
Samsung starts winding down chip production six days before planned 18-day strike — company enters "emergency management mode," daily losses could hit $2 billion (www.tomshardware.com)
submitted 9 hours ago by sanitation@lemmy.radio to c/technology@lemmy.world
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[–] Th4tGuyII@fedia.io 8 points 5 hours ago

By that calculation, even on the lower end of only losing $20 billion that'd still be 10 years before it'd cost them anymore than this rancid business decision did.

They're so determined to not negotiate with the union that they'd rather throw away the shareholder's money than give it to workers... And that's just this scheduled strike. If talks fail again, I bet you there will be more to come.

Samsung might have a difficult time explaining that one at their shareholder presentation next year.