A week-long strike by truck drivers in South Korea has disrupted shipments to China of a key cleaning agent used by makers of semiconductor chips
It was the first sign the eight-day-old strike was affecting chip production's global supply chain. It has already cost South Korea's industry more than $1.2 billion in lost output and unfilled deliveries, according to the industry ministry.
It corrected an earlier statement that had wrongly said production was disrupted, and added that the Chinese firm did not supply wafers to Samsung Electronics Co Ltd'sA major South Korean petrochemical company was also facing problems sending out IPA shipments from its plant in the port city of Yeosu, according to a person familiar with the matter who asked not to be named.
The truckers' union, which is protesting against soaring fuel prices and demanding guarantees of minimum pay, vowed to continue the strike after four rounds of talks with the government failed to find a resolution.Members of the Cargo Truckers Solidarity union take part in a protest in front of a Samsung Electronics' factory in Gwangju, South Korea, June 14, 2022.
The two sides plan to resume talks at 7 p.m. on Tuesday, the transport ministry said, an hour earlier than previously announced by the union.
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