Samsung Union Authorizes Massive Strike At Memory-Chip Plants After Mediation Talks Collapse

Samsung Union Authorizes Massive Strike At Memory-Chip Plants After Mediation Talks Collapse Asian equities extended losses for a fourth straight session, with South Korea's benchmark KOSPI falling about 1% as the market priced in the shock of an imminent labor action at Samsung Electronics. A full-scale, 18-day strike involving more than 47,000 workers at the world's largest memory-chip maker is set to begin Thursday, raising the risk of production disruptions across the global...