SEOUL – The chairman of Samsung Electronics, the world's biggest smartphone and chip maker, has been jailed for sabotaging union activities, prompting a rare apology on Wednesday from the firm.
Chairman Lee Sang-hoon and executive vice president Kang Kyung-hoon were both sentenced to 18 months for leading a wide-ranging operation to deter staff at Samsung's customer service unit from operating a union.
Samsung Electronics is the flagship subsidiary of the Samsung group, by far the biggest of the family-controlled conglomerates known as chaebols that have propelled South Korea's rise to the world's 11th-largest economy.
Along the way, the company has fought ferociously against union representation, until local authorities in Suwon, where it is headquartered, last month certified the National Samsung Electronics Union, which is affiliated with a powerful umbrella group.
Lee and Kang were found guilty by the Seoul Central District Court on Tuesday of violating labour union laws, with prosecutors saying they had ordered subordinates to cut union members' wages and to discover and exploit details of their personal lives such as pregnancies and debt, among other tactics.
Associated Press of Pakistan Corporation (APPC) - Pakistan's Premier News Agency
Pakistani currency remains unchanged against US Dollar and other currencies on April 22, 2024 Monday in open market.
US dollar was being quoted at 277.5 for buying and 280.5 for selling.
Euro stands at 293 for buying and 296 for selling while British Pound hovers at 342.25 for buying, and 345.65 for selling.
UAE Dirham AED was at 75.20 and Saudi Riyal's new rate was at 73.30.
Currency | Symbol | Buying | Selling |
---|---|---|---|
US Dollar | USD | 277.5 | 280.5 |
Euro | EUR | 293 | 296 |
UK Pound Sterling | GBP | 342.5 | 346 |
U.A.E Dirham | AED | 75.2 | 75.9 |
Saudi Riyal | SAR | 73.3 | 74.05 |
Australian Dollar | AUD | 181 | 182.8 |
Bahrain Dinar | BHD | 740.55 | 748.55 |
Canadian Dollar | CAD | 201 | 203 |
China Yuan | CNY | 38.47 | 38.87 |
Danish Krone | DKK | 39.78 | 40.18 |
Hong Kong Dollar | HKD | 35.53 | 35.88 |
Indian Rupee | INR | 3.33 | 3.44 |
Japanese Yen | JPY | 1.86 | 1.94 |
Kuwaiti Dinar | KWD | 903.11 | 912.11 |
Malaysian Ringgit | MYR | 58.08 | 58.68 |
New Zealand Dollar | NZD | 164.22 | 166.22 |
Norwegians Krone | NOK | 25.61 | 25.91 |
Omani Riyal | OMR | 723.2 | 731.2 |
Qatari Riyal | QAR | 76.45 | 77.15 |
Singapore Dollar | SGD | 204.5 | 206.5 |
Swedish Korona | SEK | 25.31 | 25.61 |
Swiss Franc | CHF | 305.47 | 307.97 |
Thai Bhat | THB | 7.56 | 7.71 |
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