JPMorgan estimated that the impact of the strike on Samsung's operating profit is between 2.1 trillion and 3.1 trillion South Korean won.
JPMorgan Chase indicated that the negative impact of the union strike on Samsung's production may be more severe than previously expected, reflecting expectations for more workers to participate in the strike. JPMorgan Chase estimates that the impact of this event on Samsung's operating profit is expected to be between 2.1 trillion won and 3.1 trillion won, with sales opportunities lost estimated at around 450 billion won. Media reports citing industry sources said that Samsung Electronics started reducing chip production on Thursday, with its South Korean employees possibly launching a strike later.
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