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9 Hulio 2024, Martes Register now and vote in midterm polls Aspirants file your certificate of candidacy on October 1-8,2024 Substitute candidates must be with same surname and political party Partylist must file Certificate of Nomination an…
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By iskup2015 on July 9, 2024

9 Hulio 2024, Martes

Register now and vote in midterm polls

Aspirants file your certificate of candidacy on October 1-8,2024

Substitute candidates must be with same surname and political party

Partylist must file Certificate of Nomination and Acceptance

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Samsung workers begin 3-day general strike over pay

By Nidz Godino

"Strike has started from today," Son Woo-mok, head of  National Samsung Electronics Union said workers at South Korean tech giant Samsung began  three-day general strike over pay and benefits,  head of  union representing tens of thousands of employees  warned action could impact memory chip production.

Samsung Electronics is  world's largest memory chip maker and accounts for  significant chunk of global output of  high-end chips.

Wearing rain jackets and ribbons saying "fight with solidarity", thousands of workers gathered outside company's foundry and semiconductor factory in Hwaseong, Gyeonggi, an hour south of Seoul.

Samsung management has been locked in negotiations with union since January, with  two sides failing to narrow differences on benefits and  rejected 5.1 percent pay raise offer from  firm.

"Today's general strike is just the beginning," he stressed.

"Recalling why we are here, please do not come to work until July 10th and do not receive any business calls," he told  crowd of workers.

Union  said about 5,200 people from factory facility, manufacturing and development had joined  protest.

"Do they still not think this will affect their production line?" said Lee Hyun-kuk, vice president of  union.

Union ,  has more than 30,000 members, or more than  fifth of  company's total workforce, announced  three-day general strike last week, saying it was  last resort after talks broke down.

Move  follows  one-day walkout in June,  first such collective action at the company,  went decades without unionization.

"We are now at critical crossroads," union said in  appeal sent out to members urging them to support  strike.

"This strike is  last card we can use," it said, saying workers at  company needed to "act as one".

"I'm really excited," one union member and protester said "we're making history."

Workers rejected  offer of  5.1 percent pay hike in March, with  union having previously outlined demands including improvements to annual leave and transparent performance-based bonuses.

Samsung declined  request for comment.

"While  ongoing strike is only scheduled for three days,  participating members include those working in chip assembly lines, given that  union could carry out additional strikes in case  gridlock continues, it could pose  great risk to Samsung management amid its race for dominance in competitive chips market, " business professor Kim Dae-jong at Sejong University said.

Samsung Electronics avoided its employees unionizing for almost 50 years  sometimes adopting ferocious tactics, according to critics  while rising to become  world's largest smartphone and semiconductor manufacturer.

Company founder Lee Byung-chul,  died in 1987, was adamantly opposed to unions, saying he would never allow them "until I have dirt over my eyes".

First   labor union at Samsung Electronics was formed in the late 2010s.

Firm  is  flagship subsidiary of South Korean giant Samsung Group, by far  largest of  family-controlled conglomerates that dominate business in Asia's fourth-largest economy.

It recently predicted  15-fold increase in its on-year second quarter operating profits, thanks to growing demand for generative AI.

Semiconductors are  lifeblood of  global economy, used in everything from kitchen appliances and mobile phones to cars and weapons.

And demand for  advanced chips that power artificial intelligence systems has skyrocketed thanks to  success of ChatGPT and other generative AI products.

Semiconductors are South Korea's leading export and hit $11.7 billion in March, their highest level in almost two years, accounting for  fifth of South Korea's total exports, according to figures released by  trade ministry.

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