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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.
The Director-General of the World Trade Organization (WTO), Ngozi Okonjo-Iweala, has spoken on Nigeria’s economy, stating that the country lacks a good maintenance culture.
She said “The fact is that endowments alone do not add value. Budgetary allocations alone do not lead to new roads or good maintenance.”
“We lack a maintenance culture in the country. I have to say that. I’m Nigerian, but we need that. We need better ports and digital infrastructure, and lower trade costs. Execution is what matters, and successful execution requires focus. It requires prioritisation.”
Politician and former presidential candidate Peter Obi speaks on President Bola Tinubu’s comments regarding the rising hunger and worsening economic situation in Nigeria.
It can be noted that the President recently stated that hunger has always existed in Nigeria.
Peter Obi responded “I watched with deep concern the statement made by President Bola Tinubu to the Catholic Bishops, that there has always been hunger in Nigeria, even before he was born.”
“While it is true that hunger has been a part of human life and has existed in our country for decades, such a statement appears insensitive to the plight of the millions of Nigerians who face worsening economic hardship today.”
Reports have been shared stating that the Nigerian Army has launched a new programme designed to train and improve the skills of engineers in tackling threats posed by Improvised Explosive Devices (IEDs).
The seminar is being organised by the 41 Engineer Brigade of the 1 Division Nigerian Army.
It was stated “Improvised Explosive Devices have become one of the greatest security threats confronting the Nigerian Army in ongoing counter-insurgency operations. Their widespread use has complicated military operations and humanitarian activities in conflict-affected areas.”
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