Jeff Hwang

Oct 11, 2024 | ggbmagazine.com | Jeff Hwang

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Jul 18, 2024 | marxist.com | Jeff Hwang |Jonathan Hinckley

Last week, a David-vs-Goliath struggle broke out at Samsung, the biggest Chaebol (conglomerate) in Korea, where workers launched the first indefinite strike in the company’s history. Samsung is one of the biggest corporations in the world, and alone accounts for 20 percent of South Korea’s GDP. It is the preeminent producer of memory chips and controls 42 percent of the global market for semiconductors, a vital commodity for the production of microprocessors.