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Reuters
Reuters
Business
By Byungwook Kim and Heekyong Yang

SHOCKING: S korean shipyard workers reach deal to end strike - You Need To See This

FILE PHOTO: The name of Daewoo Shipbuilding & Marine Engineering Co is seen on a replica ship displayed at its building in Seoul, South Korea, March 24, 2017. REUTERS/Kim Hong-Ji

South Korean contract workers at the country's No.3 shipbuilder agreed on Friday to end their strike after accepting a much smaller wage hike than demanded as well as job guarantees, union officials and subcontractors said.

Since late last month, about 100 sub-contractors pressing for an increase of 30% have occupied the main dock at the shipyard run by Daewoo Shipbuilding & Marine Engineering (DSME) in the southern city of Geoje.

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