Samsung Shares Rise Amid Resumed Wage Negotiations

Samsung Electronics' shares rose following the resumption of high-stakes wage negotiations with its largest union. According to Odaily, the company's stock increased by up to 6.7% on Monday in Seoul, reversing previous losses. The talks aim to avert a strike and prevent disruptions to the operations of the world's largest memory chip manufacturer. Efforts by South Korean political and business leaders to ease tensions have temporarily alleviated concerns about a significant impact on the country's crucial semiconductor industry. Additionally, Yonhap News Agency reported that a South Korean court partially approved an injunction against potential illegal actions by the union, further reducing market worries.