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However, Son Woomok, the union leader, told 【 - Free Smart Money Group 】 Monday that “it will take a long time to restore facilities that are shut down due to a strike.”

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It is hopeful about a resurgence in demand for mobile devices this year, particularly with the rollout of new products, such as AI-powered smartphones. Samsung Electronics said last week that it estimates a more than15-fold risein its second-quarter operating profit, as compared to the same time previous year.

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“Even though the operating profit is high, the company has been saying it’s in a crisis situation for over 10 years, and employees are increasingly dissatisfied with the lack of performance bonus increases,” he added.

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