00:00Workers at Samsung Electronics have agreed to hold off on a planned strike originally set for Thursday after reaching a
00:07tentative pay deal with the company.
00:09Nearly 48,000 workers had planned an 18-day strike over bonus disputes, a move that threatened both South Korea's
00:16economy and the global chip supply.
00:18Union members will begin voting on the deal on Friday.
00:21They hope to tie bonuses to profits, abolish a 50% bonus cap, and have changes reflected in labor contracts.
00:29Samsung stock increased over 6% on the news of a possible deal.
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