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Will Samsung's production levels be significantly affected by the strike in July 2024?
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Resolution / Starting Odds
Yes • 50%
No • 50%
Official Samsung production reports, verified news reports
Story
Samsung Workers in South Korea Begin Largest Labor Action with Three-Day Strike
Jul 8, 2024, 12:18 AM
Samsung workers in South Korea have initiated a three-day strike, marking the largest labor action in the company's history. The strike, which began on Monday, is a result of unsuccessful negotiations over pay and vacation time. The union is ramping up pressure on the company to meet their demands for higher wages. Workers are walking off assembly lines, according to the union chief.
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Yes • 50%
No • 50%
Yes • 50%
No • 50%
Earnings significantly lower than Q2 2024 • 25%
Earnings slightly lower than Q2 2024 • 25%
Earnings similar to Q2 2024 • 25%
Earnings higher than Q2 2024 • 25%
Stock price increases • 25%
Stock price decreases by less than 5% • 25%
Stock price decreases by 5% or more • 25%
Stock price remains stable • 25%
No disruption to production • 25%
Minor disruption to production • 25%
Moderate disruption to production • 25%
Severe disruption to production • 25%
Bonus system completely overhauled • 25%
Bonus system partially changed • 25%
Bonus system remains unchanged • 25%
No official statement on bonus system • 25%
Less than 5,000 • 25%
5,000 to 6,000 • 25%
6,000 to 7,000 • 25%
More than 7,000 • 25%
Strike ends with all demands met • 25%
Strike ends with some demands met • 25%
Strike ends with no demands met • 25%
Strike continues into 2025 • 25%