Translation result
[Herald Economy = Reporter Kim Hyun-il]
After the Samsung Electronics labor union announced it would launch a company-wide strike on the 21st following the collapse of negotiations over performance bonuses, Pyeongtaek City convened a \”Samsung Labor-Management Response Meeting\” on the 20th.
Pyeongtaek reviewed plans to maintain public order, ensure safety and manage road traffic in anticipation of possible demonstrations in the city once the strike begins.
Officials said they will monitor assembly notifications and coordinate with police, fire authorities and other agencies to minimize disruption for residents.
They will closely track developments because any delay to the new production line under construction at the Pyeongtaek plant could hurt local businesses.
The city said it will actively consider support measures — including expanding special loan guarantees for small businesses, raising local-currency limits and incentives, and implementing measures to boost consumption — and will thoroughly assess potential damage to partner companies.
Deputy Mayor Lee Seong-ho, who chaired the meeting, warned, “Samsung’s crisis is Pyeongtaek’s crisis. Don’t assume local government can’t act. Do your best to minimize harm to the local economy and inconvenience to residents.”
Meanwhile, Hwaseong and Yongin — which also host Samsung facilities — said they are placing hope in the final labor-management talks that evening presided over by Employment and Labor Minister Kim Young-hoon, while expressing concern about the potential economic fallout for their communities.
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