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The Korean government plans to pass a bill allowing more than 52-hour workweeks in the semiconductor industry by February.
The government and the conservative People Power Party (PPP) on Tuesday called for the approval of a special law this month that will exempt semiconductor workers from the country's 52-hour workweek system to allow more flexible working hours.
Korea's industrial output increased last year on rising demand for semiconductors, but retail sales fell amid a prolonged economic slowdown, data showed Monday.
Many people might find a bonus payment of 1,500 percent of their base monthly salary hard to resist, but some employees at chipmaker’SK hynix remain disgruntled over that very number.
Korea's semiconductor education is expanding rapidly but focuses on producing factory workers more than leaders.
The U.S. Joe Biden administration is expected to introduce new export control regulations on semiconductors needed for AI development just as the administration nears its end in mid-January, Bloomberg reported on Wednesday.
Korean chip firms have reduced their proportion of sales to China while increasing the items shipped to the United States, Taiwan and Vietnam.
Acting president Choi Sang-mok appointed one liberal and one conservative judge to the Constitutional Court as the National Assembly wrapped up its final plenary session with a slew of DP-railroaded bills.
The U.S. Commerce Department said Friday that it awarded Samsung Electronics Co. up to $4.745 billion in direct funding to support the Korean tech giant's chipmaking investment in central Texas.
Korea's semiconductor exports face growing threats from China, Taiwan and Malaysia amid intensifying global competition in advanced industries, an industry report showed Monday.
Korea JoongAng Daily Sitemap