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Management and union leaders at Samsung Electronics failed to reach a last-minute deal over wages Wednesday, raising prospects for a strike at the South Korean electronics giant that could rattle global semiconductor supplies and the country's trade-dependent economy. Government officials have threatened to invoke rarely used emergency powers to force a settlement at Samsung, where the union, which represents about 74,000 workers, says the company has failed to offer adequate compensation despite its soaring profits fuelled by the global boom in artificial intelligence. After the latest round of talks ended without a breakthrough on Wednesday, union leader Choi Seung-ho told reporters that unionized workers will begin an 18-day strike from Thursday. Both the union and the management held each other responsible for a failure to reach a deal. Choi accused management of refusing to accept a government-mediated proposal whose details he refused to disclose. Management accused the union
South Korean consumer electronics major Samsung sees innovation and education as both an enabler of progress and a catalyst for inclusion in India, according to its Southwest Asia Corporate Vice President SP Chun. The company, which increased its CSR commitment in India to Rs 193.89 crore for 2025-26, from Rs 144.48 crore in 2024-25, has helped 15 lakh people benefit from Samsung India's citizenship programmes. "As we complete three decades in India, we see innovation and education as both an enabler of progress and a catalyst for inclusion," Chun said in a statement. He further said, "The focus going forward is on how this potential is translated into meaningful impact at scale." At Samsung, Chun said, "We are committed to nurturing a generation of young innovators with the skills, creativity, and collaborative mindset which enables them to grow and address complex societal challenges and contribute to a more inclusive future." Over three years, Samsung said it has accelerated ..