Seoul, May 5 -- Samsung Electronics' board chief warned of sweeping economic fallout from a looming strike, urging workers to return to the negotiating table as a dispute over chip-division bonuses escalates, according to The Korea Herald.

Samsung Electronics' board chief warned of sweeping economic fallout from a looming strike, urging workers to return to the negotiating table as a dispute over chip-division bonuses escalates.

Shin Je-yoon said in a message posted Tuesday on the company's internal bulletin board that a walkout could inflict lasting damage on both the company and broader economy, as the standoff over performance pay deepens.

"As chairman of the board, I feel a heavy sense of responsibility and regret causing concern,"...