r/korea

▲ 48 r/korea

Bread has been pricey for a reason··· Seven flour companies hit with a ‘record-high’ fine of 671 billion won for collusion

khan.co.kr
u/Walykoo — 21 hours ago
▲ 131 r/korea

Samsung Electronics Management and Labor Reach Dramatic Agreement on Incentives 1.5 Hrs Before Strike

Here is the English translation of the article:

Samsung Electronics' management and labor reached a dramatic agreement on improving the performance incentive system on May 20, just 1.5 hours before the general strike scheduled on May 21. By hammering out a compromise through two days of marathon "endgame" negotiations mediated by the government, the company narrowly avoided an unprecedented crisis: a total shutdown of its semiconductor production lines.

Following three days of post-mediation adjustment meetings held at the Gyeonggi Regional Employment and Labor Administration, the management and labor union finalized a draft agreement. This breakthrough comes five months after negotiations first began in December last year. The two sides, which had been locked in a tense standoff, successfully ironed out their final differences during this mediation session, spurred by the government's active intervention and recommendations. The labor union plans to put the tentative agreement to a vote among its members.

Strategic Compromises and External Pressures

Observers note that both sides stepped back to prioritize practical gains regarding the institutionalization of performance incentives, which had been the biggest hurdle in the negotiations. Analysts point out that a public apology from Samsung Electronics Chairman Lee Jae-yong and strong pressure from the government served as key catalysts for the breakthrough. As the labor dispute recently escalated toward an all-out strike, Chairman Lee deeply apologized for causing concern to the public, shareholders, and employees, delivering a message that urged sincere dialogue and a win-win resolution. Even President Lee Jae-myung stepped in to pressure the union, stating, "Corporate management rights must be respected just as much as labor rights."

Avoiding a Trillion-Won-a-Day Catastrophe

With the agreement now in hand, the union is expected to call off the general strike that was scheduled to last for 18 days starting on May 21. Industry insiders had predicted that if the strike became a reality, a halt in semiconductor line operations would lead to unavoidable losses of up to 1 trillion won per day. Global investment bank JP Morgan also analyzed in a recent report that a prolonged strike could slash Samsung Electronics' annual operating profit by more than 40 trillion won. Free from this looming threat, Samsung Electronics can now accelerate its return to normal operations amid global supply chain uncertainties.

An industry official commented:

"It is a relief that the worst-case scenario of a strike was avoided during this golden window for a semiconductor market recovery. Samsung Electronics has managed to maintain its performance-based principles while finding a new equilibrium for win-win labor-management cooperation."

Reporters: Chae-yeon Kim / Yong-hee Kwak / Jong-hwan Won (Sejong)

hankyung.com
u/self-fix2 — 1 day ago
▲ 49 r/korea

Prosecutors Seek Arrest Warrant for Garo Sero Institute Head Over Kim Soo-hyun Case

South Korean prosecutors have reportedly requested an arrest warrant for Kim Se-ui, the head of the controversial YouTube channel Garo Sero Institute (가세연), over broadcasts involving actor Kim Soo-hyun and the late actress Kim Sae-ron. According to the article, prosecutors are investigating allegations including defamation and illegal distribution of explicit or private images after the channel aired photos and personal messages related to the alleged past relationship between the two actors. The case has become a major controversy in Korea because it raises questions about privacy, sensationalist YouTube journalism, and how far online personalities can go when exposing celebrity scandals for views and public attention.

hani.co.kr
u/Prefer_Diet_Soda — 1 day ago
▲ 187 r/korea

[Breaking] Samsung Electronics union to launch strike after talks collapse

Samsung Electronics' Labor Union said Wednesday it would proceed with a general strike starting Thursday after last-minute government-mediated talks failed to produce a breakthrough...

m.koreaherald.com
u/bingo11212 — 2 days ago
▲ 143 r/korea

Chinese YouTuber’s Hongdae street interview: Which country do Koreans think Confucius came from?

https://preview.redd.it/e9k3so92772h1.png?width=1440&format=png&auto=webp&s=0e75078e9b1a885a4078004e0739489627ff3a80

https://preview.redd.it/o3296l92772h1.png?width=1440&format=png&auto=webp&s=1d40f7b416b10d96a2653f6692aa17ae61521f39

https://preview.redd.it/03e3me92772h1.png?width=1440&format=png&auto=webp&s=fe8518d162dc06978c5793e98b774ecd8fe92adb

https://preview.redd.it/ytjlvg92772h1.png?width=1440&format=png&auto=webp&s=d8d2ac106efa332a1e0a0aca10918817d14aaea1

https://preview.redd.it/0yj2yf92772h1.png?width=1440&format=png&auto=webp&s=ec152ce223083b93d0e1b1acf07126b9712aea35

https://preview.redd.it/51l4gh92772h1.png?width=1440&format=png&auto=webp&s=efef0030d15bf7bb0d9b0474323901a8ba5060a8

https://preview.redd.it/ra5n8k92772h1.png?width=1440&format=png&auto=webp&s=84b601971e2d1b82d05787907f854d035a4945ad

https://preview.redd.it/wdui3h92772h1.png?width=1440&format=png&auto=webp&s=d9bbee5136b0bcb2c1258ee7288f9c13e8bf3d70

(I wanted to discuss this topic with Taiwanese/Chinese people, but my post got removed from their subreddits respectively)

There are countless anecdotes of Korean expats and students living in Taiwan being caught off guard when locals, often with a smirk, suddenly ask, “Which country was Confucius from?” — almost as if they are trying to confirm a stereotype on the spot. Naturally, Koreans answer that Confucius was Chinese, but being put in that position can feel bizarre and insulting, almost like being subjected to an ideological test over an absurd rumor.

This misconception became so widespread that it was even discussed in academic publications. One study notes:

>Hu Mei, director of the film Confucius, released in 2010, admitted that rumours about Confucius being Korean was one motivation for this project. Her case is far from an exception. Tired of refuting false allegations, a Korean student in Taiwan seized the opportunity of a meeting with President Ma Ying-jeou in April 2011 to ask him to clear up the misunderstanding officially. Surprised by the student’s odd demand, Ma Ying-jeou complied and declared that Koreans were also convinced that Confucius was Chinese and not Korean.

>https://books.openedition.org/editionscnrs/13026?oesearch=openedition_books

In reality, virtually no Koreans believe that Confucius was Korean. You can easily verify this by checking Korean elementary, middle, and high school history and ethics textbooks, all of which describe Confucius as a philosopher from the State of Lu during China’s Spring and Autumn period.

What I find difficult to understand is this: China and Taiwan are geographically close to Korea, and many people from both places have lived in Korea as tourists, students, or workers. There are also many ethnic Chinese in Korea who speak Korean fluently. It would be extremely easy to confirm that Koreans do not believe Confucius was Korean. So why has this rumor continued to spread for decades?

Do you think people there genuinely believe that Koreans claim Confucius was Korean? Or is the rumor repeated simply because it reinforces a sense of cultural superiority and anti-Korean sentiment?

reddit.com
u/Realistic_Summer1442 — 2 days ago
▲ 64 r/korea+2 crossposts

top ten tallest buildings in South Korea!

the data is from skyscraperpage, the names of the buildings are on the image

u/Montevideo_comics — 2 days ago
▲ 154 r/korea

Seoul calls North, South Korea ‘two states’ for first time in unification white book

How does the sub feel about the direction of policy? Given North Korea's harden stance, and with the failures of posturing with the military from previous administrations, is this the best course of action for a semblance of a peaceful Korean peninsula?

english.hani.co.kr
u/Ok-Huckleberry5836 — 2 days ago
▲ 349 r/korea

President Lee Jaemyung on the Starbucks tank day controversy: “What kind of twisted resentment could lead someone to do something like this?” “ They should be made to bear the appropriate moral, administrative, legal, and political responsibility for this.”

translation:

“On the historic anniversary of the May 18 Gwangju Uprising, an event called ‘5.18 Tank Day’ that mocks the blood soaked struggle of the victims and citizens of Gwangju…

How many innocent people died unjustly that day? How severe was the destruction of justice and history caused by it? What kind of twisted resentment could lead someone to do something like this?

I am furious at this inhuman and disgraceful behavior from low class profiteers who deny the values of the South Korean community, basic human rights, and democracy itself.

They should be made to bear the appropriate moral, administrative, legal, and political responsibility for this.”

Have they even apologized to the bereaved families and victims of May 18?”

u/coinfwip4 — 2 days ago
▲ 3 r/korea

After 75 Years Watching Korea Change, I Think Another Historic Turning Point May Be Coming

I am 75 years old. I was born in a Korea that had almost nothing after war and poverty. During my lifetime, I watched Korea become one of the world’s largest exporting and manufacturing nations.

That is why I feel Korea may now be standing at another historic crossroads.

Korea today has enormous industrial and technological capability:

·        semiconductors,

·        shipbuilding,

·        batteries,

·        robotics,

·        defense industries,

·        and advanced manufacturing.

But at the same time, Korea also faces growing strategic vulnerability.

Most of Korea’s trade and energy imports depend on maritime routes connected to the Taiwan Strait. If regional instability grows there over time, Korea could face enormous economic and security pressure.

Because of that, I sometimes feel Korea may eventually need to think more seriously about long-term maritime security, naval capability, energy resilience, and strategic autonomy than it does today.

Not because Korea seeks confrontation — but because history does not always give nations unlimited time to prepare.

Perhaps this is one of those rare moments when a country must decide how it wants to position itself for the next generation.

I may be wrong. But after watching Korea’s transformation for more than 70 years, this is honestly how the current moment feels to me.

reddit.com