Citigroup warned that Samsung Electronics faces near-term earnings pressure as labor tensions escalate, with a possible strike from May 21 to June 7 and higher bonus costs weighing on profit. An analyst cut the target price to 300,000 won (US$200) from 320,000 won (US$220), citing concern that Samsung may need to book sizable performance bonus provisions. This could lower Samsung’s 2026 and 2027 operating profit forecasts by 10% to 11%. Samsung’s labor union is seeking removal of caps on performance bonuses and payouts equal to 15% of operating profit, or about 45 trillion won (US$30.6 billion).
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