Samsung's Leadership Apologizes as 50,000 Workers Prepare for Historic Strike

Samsung Electronics' executives issued a public apology after wage talks failed, leading to an impending 18-day strike affecting over 50,000 workers. The planned walkout, starting May 21, could halt production of critical AI memory chips, costing the company up to $11.7 billion. The union demands a contractual bonus formula, while government intervention raises concerns about economic impact. Customers, including major tech firms, may face supply disruptions and price increases.