Samsung Biologics sweats over strike threat

Samsung Biologics’ growth outlook faces uncertainty as a first-ever strike raises risks to production and client trust. Samsung Biologics’ labor union has asked for a 14 percent average wage increase, a 300 million won cash payout per worker, and a bonus equivalent to 20 percent of operating profit. The company has reportedly offered a 6.2 percent wage increase. While the two sides have yet to find a middle ground, the Incheon District Court on Thursday ruled that the strike could proceed, thoug

By The Korea Herald