Samsung, the South Korean tech giant, affirmed on Tuesday that its production remains unaffected despite a three-day general strike involving over 5,000 union members.

The strike, initiated by the National Samsung Electronics Union, aims to address long-standing issues related to pay and benefits. Despite the union's significant membership of more than 30,000 workers, Samsung assured that operations continue without disruption.

"We have not experienced any disruption to production," local media quoted Samsung as stating.

Park Seol, a senior union member, expressed the union's stance, emphasizing their desire for Samsung to acknowledge their concerns rather than solely focusing on production impacts.

Negotiations between the union and management have persisted since January, primarily centered on benefits and a rejected 5.1 percent pay increase proposal by Samsung.

In its recent regulatory filing, Samsung Electronics projected a remarkable surge in operating profits for April-June, expecting an increase to 10.4 trillion won ($7.54 billion), a staggering 1,452.2 percent rise from the previous year's 670 billion won. Additionally, sales are anticipated to rise by 23.3 percent, reaching 74 trillion won.

Meanwhile, Samsung has appointed Young Hyun Jun as the new head of its semiconductor business, aiming to enhance competitiveness "amid global business uncertainties." Jun succeeds Kye Hyun Kyung in this role.

Earlier this year, Samsung received a $6.4 billion grant under the US Chips Act to strengthen the semiconductor supply chain in the country. This grant came shortly after the US government awarded TSMC substantial subsidies and loans to ramp up semiconductor production.

Samsung Electronics, known as the world's largest memory chip manufacturer, plays a pivotal role in the global high-end chip market.

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