SEOUL, May 20, 2026 (BSS/AFP) - South Korea's chip giant Samsung Electronics' labour union said Wednesday it will launch a planned strike after talks with management collapsed over a dispute on bonus payouts.

"Around 10:00 pm on May 19, the labor union agreed to the mediation proposal put forward by the National Labor Relations Commission; however, management expressed its refusal," it said in a statement, adding that it would begin striking on Thursday.

"The labour union will lawfully commence a general strike tomorrow as scheduled."