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Union at Samsung Electronics in South Korea to take strike action

Samsung Electronics' union in South Korea has declared it will start taking strike action, including advising members as an initial protest to take annual leave on June 7, a union official said during a live-streamed press conference on Wednesday.

The union accounts for about 28,000 workers, or more than a fifth of the company's total workforce, according to union officials.

A group of union officials made the announcement while holding a banner which read: "We can no longer tolerate labor repression, union repression."

Samsung Electronics did not have an immediate comment.

More than 2,000 unionized workers of the South Korean technology giant gathered in Seoul last week to hold a rare rally to demand better wages.

Read more on cnbc.com