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Samsung Electronics Service to Hire 8,700 Workers from Subcontractors

Samsung Electronics Service to Hire 8,700 Workers from Subcontractors

SEOUL, Nov. 2 (Korea Bizwire) — Samsung Electronics Service Co. said Friday it will directly hire 8,700 workers from its subcontractors, the latest in a string of efforts by South Korean companies to strengthen employees’ job security. The move came roughly seven months after the repair service provider of South Korean tech giant Samsung Electronics [...]

SK hynix to Forge Broader Ties with 3 Subcontractors for R&D

SK hynix to Forge Broader Ties with 3 Subcontractors for R&D

SEOUL, Jul. 18 (Korea Bizwire) — SK hynix Inc. said Wednesday it will join forces with three of its subcontractors to carry out joint research and development projects as part of its efforts to seek shared growth. The chipmaker said it will provide “comprehensive technological support” to MiCo Ltd., UBmaterials Inc. and TEMC for the [...]

Shipbuilding Subcontractors Ask Gov’t to Investigate Illegal Practices by Major Players

Shipbuilding Subcontractors Ask Gov’t to Investigate Illegal Practices by Major Players

SEOUL, Jul. 12 (Korea Bizwire) — Subcontractors of Daewoo Shipbuilding & Marine Engineering (DSME), Hyundai Heavy Industries, and Samsung Heavy Industries, the three largest players in the nation’s shipbuilding industry, have asked the Korea Fair Trade Commission (KFTC) to carry out an in-depth investigation into illegal practices among the ‘big three’. A single committee instigated [...]

LG Subcontractors Suffer Financial Losses from Defective G5s

LG Subcontractors Suffer Financial Losses from Defective G5s

SEOUL, Feb. 14 (Korea Bizwire) – Subcontractors that provided the metal body for LG’s G5 smartphones criticized the electronics company on Monday, arguing that LG’s initial design failure for the products ultimately left them holding the short end of the stick. A temporary committee formed by a dozen secondary subcontractors, who demanded that LG swiftly [...]

Kia Motors Contract Workers Win Lawsuit to Demand Regular Worker Status

Kia Motors Contract Workers Win Lawsuit to Demand Regular Worker Status

SEOUL, Sep. 28 (Korea Bizwire) – Following the contract workers of Hyundai Motor, those hired in the Kia Motors assembly plants have been recognized their status as regular workers by the court. The Seoul Central District Court ruled on September 25 in a class action suit raised by 499 Kia Motors contractual workers that 468 plaintiffs are eligible [...]