South Korean Prime Minister: The Samsung strike may result in economic losses of 1 trillion Korean won, and efforts will be made to prevent the situation.

South Korean Prime Minister Kim Min-seok warned that the impact of this strike is not limited to Samsung alone, but will also trigger a chain of negative effects, including a decline in exports, financial market volatility, reduced investment and job shrinkage in many partner companies. It is estimated that the overall economic loss could reach as high as 100 trillion Korean won. Kim Min-seok stated that the South Korean government has convened a second emergency meeting of relevant ministers today to comprehensively assess the potential impact of this strike and discuss a complete set of response plans. The government will make every effort to promote communication between both sides and strive to prevent the escalation of the strike.