---
title: "Samsung (SSNLF) Labor Talks Resume as Seoul Moves to Avoid a $668 Million Chip Shutdown Risk"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286671827.md"
description: "Samsung Electronics is resuming labor talks to prevent a strike that could disrupt its chip production. South Korea's prime minister is exploring options, including emergency arbitration, to mitigate potential impacts. The discussions aim to finalize a deal before the situation escalates, as Samsung's shares have surged 114% this year, closing at $140."
datetime: "2026-05-17T11:51:12.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286671827.md)
  - [en](https://longbridge.com/en/news/286671827.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286671827.md)
---

# Samsung (SSNLF) Labor Talks Resume as Seoul Moves to Avoid a $668 Million Chip Shutdown Risk

Samsung Electronics Co. (SSNLF), the South Korean tech giant and one of the world's top memory chip makers, is back in focus as the country works to avoid a strike that could hit its chip plants.

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South Korea's prime minister said Sunday that the state will look at all options to stop a strike or limit the harm if one takes place. That includes emergency arbitration, a rare step that would halt strike action for 30 days while a labor board works on the case.

The move comes as Samsung and its labor union are set to resume pay talks on Monday with a state mediator. The aim is to reach a deal before the dispute becomes a broader risk to South Korea's chip supply chain.

Meanwhile, SSNLF shares rose about 114% year-to-date, closing at $140 on Friday.

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