| Hydis Technologies et al. and Korean Metal Workers Union et al. | |
|---|---|
| Lead NCP | Korea, Republic of (South) |
| Supporting NCP(s) | |
| Description | Specific instance notified by the trade union Korean Metal Workers Union regarding the activities of Hydis Technologies et al. operating in the Republic of (South) Korea. |
| Theme(s) | General policies, Disclosure, Human rights, Employment and industrial relations, Science and technology |
| Date | 23 Jul 2015 |
| Host country(ies) | Korea |
| Source | Trade Union |
| Industry sector | Manufacturing |
| Status | Concluded |
| Summary | Read the final statement issued by the Korean NCP – 8 December 2016 On 23 July 2015, the Korean NCP received a submission from the Korean Metal Workers Union et al. regarding the activities of Hydis Technologies Co., Ltd., E Ink Holdings, Inc., and Yuen Foon Yu, Inc.. The submitter stated that the companies did not observe the Guidelines by 1) conducting surveillance on the activities of the trade union 2) not making sincere efforts to create new jobs, dismissing employees, and having employees retire 3) providing technologies at unreasonably low prices therefore engaging in unfair competition and 4) not providing general information about corporate activities. After holding meetings with both parties, the NCP made an initial assessment on 19 August 2016 and held that this specific instance merited further consideration. On 7 September 2016, the Mediation Committee organized by the NCP held a meeting with both parties. At the meeting, there was a disagreement by the parties on which participants may be involved. On 19 September 2016, the companies refused to participate in the second meeting, arguing that the issue should be handled by the submitter and the local branch of the trade union. On 8 December 2016, the NCP released a final statement concluding the specific instance as 1) the companies refused to participate in further mediation work and 2) parties could not reach an agreement. The NCP recommends that companies keep communication channels open and continue to engage in dialogue concerning the issues raised by the submitters. #disengagementandde-risking #corporategovernance #labourrights #FACB #labourconditions #intellectualpropertyrights #technology #electronics #externalmediators #localsubsidiary
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