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Hyundai and GM Korea autoworkers vote to strike
Autoworkers in South Korea voted this past week by large margins to strike as they fight to improve working conditions following a series of wage freezes in the industry last year imposed by the unions and the companies. On July 7, workers at Hyundai Motors, the country’s largest auto manufacturer, approved a walk-out, which followed a similar vote two days earlier by GM Korea workers.
GM Korea workers rally against the US carmaker’s plan to close the plant in Seoul, South Korea, Feb. 28, 2018. (AP Photo/Ahn Young-joon)
At Hyundai, 74 percent of the 48,599 union members belonging to the Korean Metal Workers Union (KMWU) voted to strike. They are demanding a 99,000 won ($US87) increase in the base monthly pay, 30 percent of Hyundai’s annual profits to be paid as bonuses, and an extension of the retirement age from 60 to 64 as workers are not eligible for the national pension until 65.
Team,
Hope you all are doing well and taking good care of yourselves in this Covid-19 situation. As a weekly routine in this lock down, I was giving a quick spin to my new car within society premises today. While I was moving in circles in my society, I saw many expensive cars standing still, as if, they are waiting for this Covid situation to improve and to hit road again. Newer cars are covered, few of the (relatively) old cars are soaking up the sunlight and dust. Few cars are getting daily good luck from birds . There are old cars which are literally ignored by their owners are few of them have flat tyres. I am sure your locality will have similar condition.
We Are Excited : BTS To Showcase Louis Vuitton Men s 2021 Fall-Winter Collection In Seoul
KEY POINTS
The endorsement deal is the first luxury clothing brand partnership for BTS
BTS Suga earlier earned a spot in Tatler s Asia s Most Stylish List in 2020
Fans of South Korean band BTS can set their alarms for Wednesday as the global superstars are going live in the Louis Vuitton Men s Fall-Winter 2021 Show in Seoul.
BTS made the announcement Monday, tweeting a short clip of the group wearing dapper suits and luxury streetwear. We are excited to be part of the upcoming #LouisVuitton show in Seoul! the band wrote.
Exoskeleton Market worth $3,340 million by 2026
iCrowd Newswire
According to a research report Exoskeleton Market with COVID-19 Impact by Type (Powered, Passive), Component (Hardware, Software), Mobility, Body Part (Lower Extremities, Upper Extremities, Full Body), Vertical (Healthcare, Defense, Industrial) and Region - Global Forecast to 2026 , published by MarketsandMarkets™, the Exoskeleton Market is valued at USD 499 million in 2021 and is projected to reach USD 3,340 million by 2026; it is expected to grow at a CAGR of 46.2% from 2021 to 2026.
Factors such as the increasing adoption of human augmentation in industrial and military sectors, the introduction of soft actuators, and growing insurance coverage for exoskeletons are likely to provide opportunities for market growth.