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Biz & Tech

GM Korea union poised to strike over R&D spinoff plan

GM Korea's union said Thursday it will go on strike Oct. 22 unless the company scraps its plan to establish a separate corporate body for research and development. The union also called on the state-run Korea Development Bank (KDB) to vote against the spinoff plan at the carmaker's shareholders' meeting which will take place at 2:00 p.m. today.

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