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Workers rebel at Samsung TV plant, 20 injured

December 11th, 2007 · No Comments

Protests from Korean workers fearful of losing their jobs have hampered Samsung’s plan to convert nine of its existing CRT production lines over to the construction of flat-panel displays. A reported crowd of 700 local workers, furious at the lack of guarantees from management regarding job security, rallied outside the company’s Busan plant, preventing the restructuring work from beginning. In the resulting scuffles with security, 20 people were injured. Even with its diminished capacity, Samsung says it will still make an average of 34 million CRT TVs and monitors annually from the facility.
These are difficult times for the Korean giant, which is also being investigated for an alleged Slush Fund scandal, instigated by former executive turned whistle-blower Kim Yong-cheol. Samsung denies all allegations.

Tags: Corporate · LCD TV · OLED · Plasma · Trade

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