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  • LG Semicon DRAM Plant May Resume Operations Feb. 6
  • February 3, 1999 (TOKYO) -- LG Semicon Co., Ltd. is expected to resume production of DRAMs as early as Feb. 6 following a labor-management dispute.
    A Korean government official involved with microchip policy told Nikkei Electronics of the production resumption.

    The resumption is the result of active tripartite consultations between the Ministry of Commerce, Industry & Energy of Korea, LG Semicon and Korea's Hyundai Electronics Industries Co., Ltd., the official said.

    LG Semicon's management decided to pay a special bonus to all its employees. This decision has been reported to the trade union that is leading the current interruption in production.

    Production at the company's Cheongju plant, its main DRAM factory, has been halted since Jan. 24.

    Related story: Hyundai, LG DRAM Merger Contract to be Concluded in January

    (Nikkei Electronics)



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    Updated: Tue Feb 2 16:25:42 1999 PDT