South Korea has a statutory workweek of 52 hours, which might be insufficient for Samsung as its rivals are outpacing it in the semiconductor race because the technology giant became the first company in the region to receive approval from the government to increase its weekly working hours to 64. This extension will be applied to the firm’s R&D staff focused on chip making, with the change expected to propel Samsung’s competitiveness in the industry. The government approval comes after labor laws were revised, allowing companies like Samsung to increase the statutory work hours to six months per application As […]
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