South Korean workers rally inside bank

SHOW OF SOLIDARITY:The protesters criticized Yuen Foong Yu Group’s chairman for E Ink Holdings’ decision to close a Hydis plant while keeping other businesses open

Taipei Times
Date: Mar 28, 2015
By: Jake Chung  /  Staff writer

A group of South Korean workers yesterday protested inside a branch of Bank SinoPac in

South Korean workers, still wearing the protest signs from a rally at a Bank SinoPac branch in Taipei yesterday, pose for journalists at Taiwan Taoyuan International Airport before their flight home.  Photo: Yao Chieh-hsiu, Taipei Times

South Korean workers, still wearing the protest signs from a rally at a Bank SinoPac branch in Taipei yesterday, pose for journalists at Taiwan Taoyuan International Airport before their flight home. Photo: Yao Chieh-hsiu, Taipei Times

Taipei to highlight the decision by E Ink Holdings Inc — a subsidiary of the Yuen Foong Yu Group that owns the bank — to close a Hydis plant in South Korea on Tuesday.

E Ink purchased Hydis — a plasma display manufacturer originally owned by South Korea’s Hyundai Group — in 2008 and laid off 400 employees in 2013 before deciding to close the plant this year.

E Ink said that despite the plant’s closure, it would ensure that Hydis remains in business.     [FULL  STORY]