That strike at Samsung Electronics is going on indefinitely.

Good morning.

This is the Marketplace Morning Report and we're coming to you live from the BBC World Service.

I'm Leanna Byrne and thanks for tuning in.

So after a three day strike at the world's largest

maker of semiconductors, smartphones and TVs now the Labor Union at

Samsung Electronics in South Korea has declared an indefinite strike. The

Union which is 30,000 members,

claims the strike has impacted production, but Samsung denies this. Here's the BBC's

Merriko I. They are demanding better pay in conditions, especially because of the company's

incredible performance lately if you remember just last Friday at the

company said that it expects its profits to jump by more than 1400% in the most recent quarter.

So, but it is important to mention though in terms of the number of people who have

been participating because some of electronics Electronics has 125,000 employees and about 30,000 are unionized.

According to the Union, 6.5,000 joined a three-day strike.

That's about 5% of its total employees.

Or, according to the police, about 3,000 joined on Monday.

So if you're thinking of getting a new phone for Christmas for example, you don't really need to worry about a delay or anything like that because many analysts have said that there won't be any impact on its production lines and the company has also told the BBC that they

would ensure no disruptions occur. The company also said that it remains committed

to engaging in good faith negotiations with the Union, but having said settled at the move is symbolic because when the

Union staged a walkout last month, it was the first ever industrial action at the company

since it was founded five and a half decades ago and unlike in the UK or in the US

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