April 26, 2019 11:40
LG Electronics will relocate 750 workers from a smartphone manufacturing factory it is closing in Pyeongtaek, south of Seoul to its home appliance plant in Changwon in the southeast.
The decision comes after LG decided to shut down its smartphone manufacturing operations in Korea because of mounting losses. Manufacturing will move to LG's plant in Hai Phong, Vietnam.
"We will provide support to workers transferring to Changwon so they can adjust to their new surroundings," an LG spokesman said. "We will negotiate support measures like transport allowances at weekends and housing support with the labor union."
The relocated workers will be put to work on assembly lines making air purifiers, tumble dryers and other home appliances.
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