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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[–] zeroConnection@programming.dev 36 points 3 hours ago

Professor Kwon Seok-joon at Sungkyunkwan University previously estimated that the 18-day walkout alone would cause 10 trillion to 17 trillion won ($17 billion) in direct losses, while JPMorgan has projected total losses of up to 43 trillion won ($28 billion) when factoring in labor costs and extended production disruption.

Nice☺️ Let them suffer even more!

Samsung sent a letter to the union today following the collapse of talks earlier this week, proposing that both sides resume talks without preconditions on Saturday, but union head Choi Seung-ho rejected the overture, telling Korean media that negotiations could take place after June 7, the scheduled end date of the strike.

You had years to make things right, cunts, so you can suffer through 18 days of losses at the very least.

If you weren't such horrible greedy abominations, you could have just given the 28 billion in bonuses. Fucking greedy cunts should pay hundred fold now.