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South Korean workers from Taiwan-invested company stage protest

South Korean workers from Taiwan-invested company stage protest

Taipei, March 24 (CNA) South Korean workers from Hydis Technologies, a subsidiary of a Taiwanese company in South Korea, staged a protest in Taipei Tuesday to press their demands that the factory should not be closed. Twenty-nine of the South Korean workers, together with local support groups, including the Taoyuan Confederation of Labor Unions (????????), went to the Ministry of Labor to appeal to E Ink Holdings (EIH, ????) -- the parent company of Hydis Technologies -- to revoke its decision to shut down the factory and stop laying off its South Korean workers. One of the workers said that E Ink Holdings pledged previously that it would not sell the company's patents and would continue to run the factory. But it announced earlier this year that it will shut down the factory by the end of March, resulting in more than 700 job losses. The employees attempted to communicate with the company, but their efforts were rejected, the worker said. In response, the Ministry of Labor stressed that Taiwanese enterprises investing overseas must follow corporate governance procedures and abide by the labor laws of their host countries to safeguard the rights of the workers. A day earlier, the workers called on Lai Hsiang-ling (???), head of Taipei City's Department of Labor, expressing the hope that Ho Show-chung (???), head of Yeung Foong Yu Group, of which E Ink is an affiliate, will meet them and hear their voices. E Ink said it "deeply regretted" the South Korean workers decision to travel to Taiwan to stage the protest against the "closure and lay-offs of Hydis workers." According to the company, it has not treated its workers badly and the "dissemination of misinformation" by the workers has caused disturbance in Taiwanese society. It said that since it acquired Hydis in 2008, it has made numerous efforts to restructure the company. But because its 3rd-generation and 3.5th-generaion display panels have lost their competitive edge, the board of directors had to reach the decision to shut down the factory after accumulating losses. The Hydis management team has since last year communicated several times with the workers' union to discuss the shutdown of assembly lines and related compensation, E Ink said. In addition to severance fees, it has offered better-than -average retirement packages, provided employment counseling and education subsidies, it said, denying that the company has "turned its back on the employees." It called on the workers to engage in rational communications though normal channels. Several other Hydis workers staged a similar protest in Taipei last month. (By Zoe Wei, Pan Chi-yi and Lilian Wu)


Updated : 2021-09-24 00:09 GMT+08:00