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Samsung Labor Deal Lifts Korean Equities as Strike Threat Recedes

South Korean stock markets surged after Samsung Electronics resolved labor negotiations with its union, eliminating the risk of a major work stoppage. The tentative agreement could have disrupted global semiconductor supply chains and represents a significant de-escalation in labor unrest at the world's largest memory chipmaker. Officials had warned that a strike involving 47,000 workers could cost the national economy billions of dollars. President Lee Jae Myung had urged restraint on collective labor action amid the dispute. The resolution boosted investor sentiment across Seoul's exchanges. Samsung's rally helped offset pressure from rising bond yields. Asian markets advanced more broadly on the news.