City
Epaper

Samsung Display labour union set for 1st ever strike next week

By IANS | Updated: June 16, 2021 15:20 IST

Seoul, June 16 The labour union of major display maker Samsung Display said on Wednesday its union leadership ...

Open in App

Seoul, June 16 The labour union of major display maker Samsung Display said on Wednesday its union leadership plans to go on strike next week, as the union and the management failed to narrow differences in wage talks, marking the first-ever walkout for the company and any Samsung Group affiliate.

The labour union said its six officials will first stage a walkout on Monday and will encourage more members to join the move.

It will be the first strike for any Samsung affiliate since Samsung Electronics Vice Chairman Lee Jae-yong, the de facto leader of South Korea's top conglomerate, promised last year to scrap the group's "no labour union" policy, reports Yonhap news agency.

About 2,400, or around 10 percent of the firm's employees, are members of the labour union, and 91 percent of them voted for the strike last month.

The labour union was launched in February last year as a member of the Federation of Korean Trade Unions, one of the two largest local labour umbrella bodies.

XSamsung Display, the world's top mobile display panel maker, has been focusing on its migration to next-generation quantum-dot (QD) displays, while withdrawing from the LCD business.

But for large LCD panels for TVs, the company recently said it is mulling extending its manufacturing for one more year due to soaring demand from TV makers and rising panel prices.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: seoulSouth KoreaSamsung DisplaySamsung GroupRepublic of koreaSamsung business tvSamsunDelle pooleDan sams
Open in App

Related Stories

EntertainmentASTRO’s Cha Eun Woo Shares Buzz Cut Photos as He Begins South Korea Military Service

EntertainmentK-Drama Star Kang Seo-ha Passes Away at 31 After Long Battle With Cancer

EntertainmentSouth Korean Actor Kim-Soo-Hyun Sells His Seoul Apartment For 8 billion KRW Amid Dating Scandal

EntertainmentThe Nice Guy K-Drama OTT Release: All You Need To Know About Lee Dong-wook’s Latest Series

MumbaiMumbai 3.0: MMRDA Joins Hands With South Korea for a Bold Urban Transformation

Technology Realted Stories

TechnologyStates asked to undertake regular screening to tackle rising fatty liver disease: Nadda

TechnologyAgra-born man to fly on Blue Origin’s next flight to edge of space

TechnologyWhat is ISRO’s 10-day HOPE analogue mission in Ladakh

TechnologyNFDC launches free residential VFX, animation training for Northeast youth

TechnologyKharif sowing up 4 pc, agriculture gross value added may rise 4.5 pc: Report