
Court rules against gov't compensation plan in forced labor case
The Seoul District Court sided with the bereaved family of the late victim, Chung Chang-hee, and ordered MH Power Systems Korea, a local subsidiary of Mitsubishi Heavy Industries, to pay 83 million won (US$57,600) in compensation.
In March 2023, the South Korean government proposed compensating more than a dozen victims of Japan's wartime forced labor through a Seoul-backed public foundation, instead of direct payments from responsible Japanese firms.
The plan aimed to settle the compensation issue for 15 Koreans who had won legal battles against two Japanese firms accused of mobilizing them for hard labor during World War II, when Korea was under Japan's brutal colonization.
Under the plan, the Foundation for Victims of Forced Mobilization, affiliated with the interior ministry, would collect "voluntary" private sector donations.
Some victims and their families, however, opposed the plan, insisting on direct compensation from Japanese firms. Chung's family filed a lawsuit less than 10 days after the government's announcement.
Im Jae-sung, the family's legal representative, welcomed the ruling, thanking the court for "opening a way for people who oppose the anti-historical policy to receive compensation from Mitsubishi." (Yonhap)
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Korea Herald
17 hours ago
- Korea Herald
Lee calls for building next-generation power grid with focus on renewable energy
President Lee Jae Myung on Thursday called for establishing a next-generation power grid as he underscored the importance of shifting the country's power supply infrastructure to one that centers on renewable energy. "Energy transition has become an essential task," Lee said as he presided over a meeting of senior presidential aides. "On top of an artificial intelligence (AI) revolution, the supply of renewable energy through power grid improvement has become very urgent." Lee instructed the government to draw up measures to establish a next-generation power grid that lowers the inefficiency of long-distance power transmissions and makes use of cutting-edge AI technology. The presidential office said the government will turn South Jeolla Province into a hub for such a plan, noting the region's potential for supplying renewable energy. Kim Yong-beom, the presidential chief of staff for policy, said in a press briefing that the government plans to establish industrial complexes for renewable energy micro grids by using steel and petrochemical industrial complexes in the region. The government will allocate about 200 billion won (US$143 million) next year for a pilot project to establish a next-generation power grid by building microgrids in the region's university, airport and military units, and connecting them, according to Kim. The presidential official said Lee aims to nurture the country's energy industry into one akin to the chip industry, and eventually seek to export electricity technology and products. (Yonhap)


Korea Herald
18 hours ago
- Korea Herald
After tariff deal reprieve, Samsung braces for new trade rules
Chip earnings slump to 6-quarter low, but recovery expected on AI, Tesla orders Samsung Electronics said Thursday it is closely monitoring the upcoming decision by the US Department of Commerce regarding semiconductor-related trade regulations, despite an easing in uncertainty following tariff negotiations between South Korea and the US on the same day. During a conference call following its second-quarter earnings announcement, the tech giant said the decision expected in mid-August pertains to the Section 232 investigation under the US Trade Expansion Act, which covers semiconductor and finished products, including smartphones, tablets, PCs and monitors. 'We are keeping a close watch on the outcome of the Section 232 investigation, as it may have implications beyond chips,' a Samsung Electronics official said. 'We have been actively presenting our views throughout the investigation process and have maintained close communication with relevant authorities in both countries.' Samsung said it is preparing a multi-layered response strategy to minimize business risks and seize potential opportunities, depending on the outcome of bilateral discussions between Seoul and Washington. Meanwhile, Samsung highlighted a recent $16.5 billion order secured from Tesla as a 'milestone' that demonstrates the competitiveness of the company's advanced process technologies. It said the deal is expected to pave the way for additional orders from other major clients, contributing to stable operations at its US-based Taylor plant. Samsung has been pushing ahead with the construction of a new chip fabrication plant in Taylor, Texas, with the goal of fulfilling high-value chip contracts from diverse US clients. The plant is slated to begin full-scale operations next year. For 2025, the company said investment in the Taylor facility will remain within this year's capex range but will increase next year. The company also announced that it has completed approval for transitioning its 1c DRAM using a 10-nanometer process to pilot mass production. Based on this, it has finalized the development of its sixth-generation HBM chips, known as HBM4, and has begun shipping samples to major clients. 'Our HBM4 applies advanced logic processes to the base die and features an optimized design, resulting in improvements in performance and energy efficiency compared to the previous generation, HBM3E,' a Samsung Electronics official said. 'We plan to ramp up timely supply in line with the full-scale demand for HBM4 expected next year.' Earlier in the day, Samsung announced its preliminary earnings for the second quarter, reporting an operating profit of 4.68 trillion won ($3.36 billion), down 55.2 percent from a year earlier. Net income fell 48 percent to 5.12 trillion won, while sales rose slightly by 0.67 percent to 74.6 trillion won. These figures fell short of market expectations. According to financial data provider FnGuide, consensus estimates had forecast 6.18 trillion won in operating profit and 76.2 trillion won in sales. Samsung's Device Solutions division, which oversees the semiconductor business, posted 27.9 trillion won in sales and 400 billion won in operating profit — its lowest since a 2 trillion won loss in the fourth quarter in 2023. Despite growth in high-value memory and foundry sales, profitability was impacted by inventory-related charges and US sanctions affecting the non-memory business. The Device eXperience division, which handles mobile and consumer electronics, recorded 43.6 trillion won in revenue and 3.3 trillion won in operating profit. The decline was attributed to reduced Galaxy S25 smartphone sales and intensified competition in the TV market, resulting in a 16 percent drop in revenue and a 1.4 trillion won fall in profit compared to a year ago. Looking ahead, Samsung forecasts a gradual rebound in the third quarter as one-off costs subside, although lingering tariff uncertainties and global economic slowdowns may pose challenges. 'While global trade uncertainties and geopolitical risks raise concerns about slower growth, we expect momentum in the artificial intelligence and robotics industries to gradually drive recovery in the IT sector,' a Samsung Electronics official said.


Korea Herald
19 hours ago
- Korea Herald
Morocco marks Throne Day, touts strategic momentum with Korea
Morocco on Wednesday touted strategic momentum in its bilateral ties with South Korea as it marked Throne Day, commemorating the 26th anniversary of King Mohammed VI succeeding his father, King Hassan II. Speaking at a commemorative event, Moroccan Ambassador to Korea Chafik Rachadi hailed his country's macroeconomic stability, a 55 percent rise in foreign direct investment in 2024, and the emergence of Morocco as Africa's largest car producer and a major player in the aerospace industry. 'Over 40 percent of our electricity comes from renewables, and Morocco is investing heavily in solar, wind and green hydrogen projects, aiming to reach 52 percent renewable capacity by 2030,' said Rachadi. He noted the expansion of Moroccan-Korean ties, recalling that Korea's first African embassy was established in Morocco and highlighting Morocco's support for South Korea during the 1950-53 Korean War. Rachadi also paid special tribute to the two Moroccan soldiers who were killed during the war. According to the Ministry of Patriots and Veterans Affairs, the two Moroccan soldiers were Mohamed El Asry, who died from chest wounds near Wonju in March 1951, and Julien Djian, who was killed in action in July 1953, shortly before the signing of the Armistice Agreement. They were among the Moroccan soldiers who first arrived in Korea as part of the volunteer section of the French Battalion under the UN, deployed to support South Korea, according to the Moroccan Embassy in Seoul. 'Two of those heroes are now peacefully resting in the UN Memorial Cemetery in Busan, a dignified reminder of the human connections,' said Rachadi. The ambassador's residence in Seoul has two mugunghwa trees, Korea's national flower, planted in their honor. Seoul and Rabat established diplomatic relations in July 1962. The ambassador also pointed to the April 2025 launch of negotiations for the Morocco-Korea Economic Partnership Agreement and joint preparations for the 2030 FIFA World Cup, citing these efforts as broader strategic momentum. He thanked Chung Keeyong, Korea's ambassador and deputy minister for climate change, who was recently honored by the King of Morocco with the Order of Wissam Alaouite at the rank of Commander. Chung's contribution included the identification of Moroccan war veterans and the publication of a book titled 'Morocco-Korea: Blood Brothers.' 'We were also able to identify 16 additional Moroccan soldiers, bringing the known total to 24 ... so that Korea may express its enduring gratitude — not only in archives but through human connection,' said Chung in his remarks. Reflecting on meeting one of the veterans' daughters, Chung said, 'Her father's sacrifice is not forgotten but cherished. 'Their courage, offered in a time of Korea's greatest need, has forever linked our nations — not just as partners, but as 'freres de sang,'" he said. Freres de sang is French for "blood brothers." As examples of momentum, Chung cited Korea's solidarity during Morocco's 1975 Green March, uncovered through archival research; joint initiatives such as $100 million in development aid; a reforestation project in Ouarzazate; green hydrogen programs; and a $1.5 billion electric train deal. The Green March is seen as a landmark moment in Morocco's recent history toward securing the Kingdom's territorial integrity. The demonstration paved the way for the Madrid Accords signed on November 14, 1975, which formally ended nearly 100 years of Spanish control over the region. Chung also noted that Morocco's gross domestic product has nearly tripled, and its 2017 return to the African Union and 2022 ratification of the African Continental Free Trade Area have reinforced its role as a bridge between Africa, Europe and the Arab world. 'From the trenches of the Korean War to the sands of the Green March ... Morocco and Korea have always shown up for each other,' concluded Chung. sanjaykumar@