Friday, May 31st 2024

Samsung Strike Has No Immediate Impact on Memory Production, with No Shipment Shortages

The Samsung Electronics Union is reportedly planning to strike on June 7, TrendForce reports that this strike will not impact DRAM and NAND Flash production, nor will it cause any shipment shortages. Additionally, the spot prices for DRAM and NAND Flash had been declining prior to the strike announcement, and there has been no change in this downtrend since the announcement.

Samsung's global share of DRAM and NAND Flash output in 2023 was 46.8% and 32.4%, respectively. Even though the South Korean plants account for all 46.8% of global DRAM production and about 17.8% of global NAND Flash production, TrendForce identifies four reasons why this strike will not impact production. Firstly, the strike involves employees at Samsung's headquarters in Seocho, Seoul, where union participation in higher, but these employees do not directly engage in production. Secondly, this strike is planned for only one day, which falls within the flexible scheduling range for production.
Thirdly, June 6 is a public holiday in South Korea, and some employees had already applied for leave on June 7, allowing for preemptive adjustments in production scheduling and manpower allocation. Finally, fabs rely heavily on automated production and require minimal human labor. Therefore, the strike will not have any substantial impact on the future memory supply.
Source: TrendForce
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4 Comments on Samsung Strike Has No Immediate Impact on Memory Production, with No Shipment Shortages

#1
HTC
If there's a strike planned, SOMETHING isn't right: no idea what, though ...
Posted on Reply
#2
64K
A planned 1 day strike on a day that is the day after a public holiday when it's normal for people to be taking off anyway in a fab that requires minimal labor anyway?

Did the strike coordinators have a meeting to brainstorm ideas about how to plan a strike to be as meaningless as possible?
Posted on Reply
#3
TheLostSwede
News Editor
64KA planned 1 day strike on a day that is the day after a public holiday when it's normal for people to be taking off anyway in a fab that requires minimal labor anyway?

Did the strike coordinators have a meeting to brainstorm ideas about how to plan a strike to be as meaningless as possible?
You've never lived in Asia, right? Most people are too scared to lose their jobs to take extra days off. Some don't even dare to take their maternity/paternity leave or holiday.
Posted on Reply
#4
Vayra86
The cultural gap here is immense :) Do these strikes ever affect anything? Are they heard?
Posted on Reply
Dec 8th, 2024 01:19 CST change timezone

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