TradingKey – During the Asian trading session on May 18, global memory chip giant Samsung Electronics’ planned 18-day general strike was abruptly halted by a court order three days before its scheduled start.

On May 18, the Suwon District Court in South Korea approved a provisional injunction filed by Samsung Electronics, ruling that the labor union must maintain normal production manpower, operating hours, and production scales even during labor disputes, with violators facing daily penalties of up to hundreds of millions of won. Yonhap News Agency noted that this ruling effectively slammed the brakes on the largest planned strike in Samsung’s history.

Markets reacted swiftly; KOSPI 200 futures plummeted nearly 5% in early trading,…