Flags flutter in front of Samsung Electronics' Seocho headquarters. News1 - Seoul Economic Daily Finance News from South KoreaFlags flutter in front of Samsung Electronics’ Seocho headquarters. News1

Voter turnout for Samsung Electronics’ (005930.KS) labor union vote on the tentative 2026 wage and collective bargaining agreement surpassed 80% on the first day.

According to the Samsung Electronics chapter of the Samsung Group Super-Corporate Labor Union on Tuesday, 45,914 members had cast their votes as of 5:13 p.m. that day. That accounts for 80.14% of the 57,290 eligible voters.

The vote will determine whether to accept the tentative 2026 wage and collective bargaining agreement reached between Samsung Electronics and its union. Voting will continue until 10 a.m. on the 27th.

Total membership of the Super-Corporate Labor Union stood at 70,850 as of the 21st. The roughly 13,000-member gap with the actual electorate is attributed to recent enrollees and voting rights restrictions.

Under the union’s bylaws, members who have failed to pay union dues for more than one consecutive month are barred from exercising voting rights.

The Super-Corporate Labor Union is centered on members from the Device Solutions (DS) division, which oversees semiconductors. The memory business unit has the largest contingent at approximately 24,000 members, followed by the non-memory unit with 17,000 and common divisions with around 22,000. Members from the Device Experience (DX) division, which focuses on mobile and home appliances, number between 7,000 and 8,000.

The National Samsung Electronics Union (NSEU) plans to compile separate turnout figures as part of the joint bargaining body. In contrast, the Donghaeng Union, centered on the DX division, has withdrawn from the joint bargaining body and is not participating in this vote.

The industry views the chances of the tentative agreement passing as high, given that DS division members account for roughly 80% of the total.

For the tentative agreement to be finally approved, a majority of eligible voters must participate, and a majority of those voting must approve it.