Samsung Electronics’ Union Threatens First Ever Walkout Next Week 

People walk past the Samsung logo displayed on a glass door at the company's Seocho building in Seoul on April 30, 2024. (AFP)
People walk past the Samsung logo displayed on a glass door at the company's Seocho building in Seoul on April 30, 2024. (AFP)
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Samsung Electronics’ Union Threatens First Ever Walkout Next Week 

People walk past the Samsung logo displayed on a glass door at the company's Seocho building in Seoul on April 30, 2024. (AFP)
People walk past the Samsung logo displayed on a glass door at the company's Seocho building in Seoul on April 30, 2024. (AFP)

Samsung Electronics' union in South Korea will begin escalating strike action next week by staging the first ever walkout over demands for higher wages, union officials said on Wednesday.

The union, which has about 28,000 members, or more than a fifth of the company's total workforce, said it will stop work for one day on June 7 as part of broader protest measures.

The announcement was made by union officials at a live-streamed press conference, where they held a banner which read: "We can no longer tolerate labor repression, union repression."

If the union members collectively take the day off next week, it would mark the first ever walkout by Samsung Electronics workers.

Workers have been intermittently participating in protests in recent weeks outside the company's offices in the capital city Seoul as well as outside of its chip production site in Hwaseong, south of Seoul.

Responding to a decision by the company to increase wages this year by 5.1%, the union has previously said that it wanted an additional day of annual leave as well as transparent performance-based bonuses.

On Wednesday, the union accused the tech giant of failing to bring a compromise plan to negotiations held the previous day.

Samsung Electronics said in a statement on Wednesday: "We will sincerely engage in discussions with the union."

A union official defended the decision to take industrial action at a time when some parts of Samsung's business are underperforming.

"The company has been saying they are facing crisis all along for the past 10 year," a union official told reporters, but added that the firm should not use it as an excuse not to meet its demands.

The union said all company sites across South Korea would be affected by its June 7 action.

The strike announcement comes as Samsung appears to be faltering in some areas, including cutting-edge semiconductor chips.

Samsung last week replaced the head of its semiconductor unit saying a new person at the top was needed to navigate what it called a "crisis" affecting the chips industry.

More than 2,000 unionized workers of the South Korean technology giant gathered in Seoul last week to hold a rare rally to demand better wages.

The union has seen a rapid rise in membership after Samsung Electronics in 2020 pledged to put an end to its practices of discouraging the growth of organized labor.

Shares of Samsung Electronics were trading down 2.1% on Wednesday, compared with the benchmark KOSPI's 1.3% fall as of 0458 GMT.



OpenAI, Anthropic Sign Deals with US Govt for AI Research and Testing

OpenAI logo is seen in this illustration taken May 20, 2024. (Reuters)
OpenAI logo is seen in this illustration taken May 20, 2024. (Reuters)
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OpenAI, Anthropic Sign Deals with US Govt for AI Research and Testing

OpenAI logo is seen in this illustration taken May 20, 2024. (Reuters)
OpenAI logo is seen in this illustration taken May 20, 2024. (Reuters)

AI startups OpenAI and Anthropic have signed deals with the United States government for research, testing and evaluation of their artificial intelligence models, the US Artificial Intelligence Safety Institute said on Thursday.

The first-of-their-kind agreements come at a time when the companies are facing regulatory scrutiny over safe and ethical use of AI technologies.

California legislators are set to vote on a bill as soon as this week to broadly regulate how AI is developed and deployed in the state.

Under the deals, the US AI Safety Institute will have access to major new models from both OpenAI and Anthropic prior to and following their public release.

The agreements will also enable collaborative research to evaluate capabilities of the AI models and risks associated with them, Reuters reported.

"We believe the institute has a critical role to play in defining US leadership in responsibly developing artificial intelligence and hope that our work together offers a framework that the rest of the world can build on," said Jason Kwon, chief strategy officer at ChatGPT maker OpenAI.

Anthropic, which is backed by Amazon and Alphabet , did not immediately respond to a Reuters request for comment.

"These agreements are just the start, but they are an important milestone as we work to help responsibly steward the future of AI," said Elizabeth Kelly, director of the US AI Safety Institute.

The institute, a part of the US commerce department's National Institute of Standards and Technology (NIST), will also collaborate with the U.K. AI Safety Institute and provide feedback to the companies on potential safety improvements.

The US AI Safety Institute was launched last year as part of an executive order by President Joe Biden's administration to evaluate known and emerging risks of artificial intelligence models.