Samsung Electronics Co. and its largest labor union resumed wage talks Tuesday but failed to reach an agreement, informed sources said.The ninth round of talks was represented by Son Woo-mok, head of the National Samsung Electronics Union (NSEU), and Kim Hyeong-ro, the company's vice president, according to the source.It was the first wage talks between the two sides since the NSEU declared a full-scale strike July 8.They held a preparatory meeting last week to discuss schedules for the talks.The talks lasted nearly eight hours from 9 a.m. but ended without any significant progress, according to the sources close to the matter.Samsung Electronics has offered a 5.1 percent increase in wages, emphasizing its commitment to building a win-win labor-management relationshipHowever, the NSEU is demanding a 5.6 percent basic pay raise for all members, a guaranteed day off on the union's founding day and compensation for economic losses due to the strike.Despite the strike lasting more than two weeks, S amsung Electronics, the world's largest memory chipmaker, reported minimal impact on production.Still, the prolonged strike raises concerns over potential weakening of competitiveness in the country's crucial semiconductor industry.The NSEU reports a total membership of 31,000, accounting for approximately 24 percent of Samsung Electronics' total workforce of about 125,000.Source: Yonhap News Agency
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