South Korean Trucker Strike Threatens Semiconductor and Petrochemical Industries – By John Hayward (Breitbart) / June 10, 2022
Friday marked the fourth day of a growing strike by South Korean truckers, who are protesting over their wages and the rising cost of fuel.
The strike has become a significant threat to the semiconductor and petrochemical industries, as well as cross-country and international shipping.
The strike began on Tuesday, as roughly 6,500 South Korea’s unionized truckers demanded government assistance to raise their wages because rising fuel prices are eating into profits. The police made some arrests as striking truckers blocked access to factories and freight depots.
Early targets for the striking truckers included industries that rely on the swift delivery of raw materials for “just-in-time” manufacturing – prominently including South Korean auto giant Hyundai, which announced it would temporarily shutter four of its factories on Thursday.
