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Samsung Workers Go On Strike
South Korean Workers at Samsung begin a 3 day strike for better pay and benefits, the head of a union representing tens of thousands of employees told AFP, warning that the action could affect memory chip production. Samsung Electronics, the world’s largest memory chip maker, contributes significantly to the global high-end chip output.
Thousands of workers, dressed in rain jackets and wearing ribbons that read “fight with solidarity,” gathered outside Samsung’s foundry and semiconductor factory in Hwaseong, Gyeonggi, an hour south of Seoul. Samsung management has been negotiating with the union since January, but they have been unable to agree on benefits and a 5.1% pay raise, which the union rejected.
The union head Son Woo-mok announcing it as just the beginning. Around 5,200 workers from various sectors joined the protest, with instructions to avoid work and business calls until July 10th. The union, which represents over a fifth of Samsung’s workforce, declared the three-day strike after failed negotiations, following a previous one-day walkout in June. Workers rejected a 5.1% pay hike and demand better annual leave and transparent bonuses. Samsung, which has a long history of anti-union practices, declined to comment. The strike includes key chip assembly line workers, potentially posing significant risks to Samsung’s market position.
TV anchor Rufai Oseni makes headlines as he speaks on fuel subsidy in Nigeria. He shared that Nigeria can have fuel subsidy without the long queues at filling stations.
“When we were still paying subsidies, there were no long queues. We were subsidising. So you can still have a subsidy regime going on, and there will be no long queues because production was close by. Dangote had it. That’s just it. That argument also falls flat.
“The biggest beneficiaries of subsidy are not Nigerians. They are crony capitalists that have big infrastructure, and they do contracts. They have been the biggest beneficiaries of the subsidy,” he said.
Lagos State Governor, Sanwo-Olu, speaks to those in the electricity sector about the usual blackouts in the state.
He speaks on ways things can change in the state and how electricity can be provided.
“We need to drop corporate egos, abandon long-standing excuses, and confront the harsh realities obstructing progress in the power sector.”
“We, state governments, used to give excuses that everything is centralised, so the Federal Government has unbundled it now. What have we done in a year and a half?” Sanwo-Olu asked.
“We take two steps forward, we go five steps backward,” he said.
Lagos State Governor Babajide Sanwo-Olu has declared Thursday, August 20, a work-free day for public servants in the state to mark the Isese Festival.
Speaking on the celebration, he said “Ìṣẹ̀ṣe is not a relic. It is a living expression of our traditions and a celebration of Yoruba spirituality as an important part of Nigeria’s cultural and religious landscape,” he said.
He added “When the drums sound in Lagos on Thursday, they answer drums in Havana, in Salvador, in Port of Spain. Fifty-five million people and counting. Lagos is not observing a local holiday. Lagos is standing at the centre of a global heritage,” Aregbe said.
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