US EditionCourt Ruling Undermines Samsung Biologics Labor Union's Strike Plans
3 Articles
3 Articles
Court Partially Halts Samsung Biologics Union Strike The court has put the brakes on the all-out strike announced by the Samsung Biologics union. According to legal sources on the 23rd, Presiding Judge Yoo A-ram of the 21st Civil Division of the Incheon District Court [stated that] Samsung Biologics [regarding] the Samsung Biologics Co-prosperity Branch of the Samsung Enterprise-Industry Labor Union...
Samsung Biologics’ CDMO Faces Union Wage Standoff
Headquarters building of Samsung Biologics. (Photo courtesy of Samsung Biologics) Samsung Biologics achieved top-line growth in the first quarter of this year, but a widening rift with its labor union now threatens to undermine the company’s standing as a contract development and manufacturing organization (CDMO). Samsung Biologics recorded first-quarter revenue of 1.2571 trillion won (approximately $855 million) this year, up 257.6 billion won,…
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