According to Svmuu, msx data shows that Samsung Electronics' stock price has expanded its gain to 6%.
Previously, Samsung Electronics and its largest union restarted government-mediated wage negotiations on Monday in a final effort to avoid a strike at the world's largest memory chip manufacturer. The resumption of talks comes days after the first round of government mediation broke down over performance bonus issues. As planned, an 18-day strike is set to begin on Thursday. Choi Seung-ho, head of Samsung Electronics' largest union, stated: "We will participate in the second round of negotiations in good faith." There is no set deadline for the second round of mediation. However, with only three days left until the union's planned strike, this is widely seen as the last chance for a breakthrough.
Samsung Electronics' stock price rose by 6%
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