Samsung Group has announced that it would create more than 30,000 jobs for young applicants for the next two years.
SK Group will invest 46 trillion won in the semiconductor business while LG Group putting 10 trillion won in the display business as a way to expand youth jobs.
Samsung Group said on August 17 that it would add 30,000 new jobs for Korea's youths by investing 100 billion won by 2017. According to the plan, the group will hire additional 10,000 workers in its semiconductor business while at the same time providing job opportunities for 3,000 applicants to its partner firms. It will also offer 4,000 jobs in the form of electronic appliance sales interns and insurance sales consultants.
For those 6,400 new hires who have not majored in science and engineering disciplines, Samsung will administer software job training and hire them afterward.
SK Group held a group-wide meeting on August 17 presided over by the recently pardoned group chairman Chey Tae-won with CEOs of 17 group affiliates and pledged to commit 46 trillion won in its semiconductor business.
Not to be outdone, LG Group also held a strategy meeting to commemorate the 20th anniversary of LCD production on the same day and decided to invest 10 trillion won in LG Display's Paju plant by 2018.