Samsung, LG and many South Korean companies are increasing their vigilance after the number of cases and deaths from pneumonia virus in the country has risen sharply.
Samsung Group on February 22 confirmed a positive case of a new strain of corona virus has been detected at a mobile device factory complex in Gumi city, southeastern South Korea.
The entire facility is closed until February 24, with the building where the infected employee was isolated until the morning of February 25. Samsung shares in Seoul fell 3% after the news.
More than a month after the outbreak in China, the Covid-19 epidemic spread to many countries around the world, including South Korea with more than 830 cases, of which 7 died as of February 24, or later. became the 2nd largest outbreak in the world after China. Many Japanese and Singaporean corporations are also taking steps to prevent the risk of virus spread.
The won fell to its lowest level in 6 months, the stock market was flooded with red after South Korea raised the national alarm to the highest level. In just 24 hours, the number of new confirmed cases in this country was over 200 people.
In case of infection in the Samsung factory in Gumi also affects corporations with production lines here such as LG Electronics, LG Display, Toray Group, etc. While Samsung has two smartphone lines at Gumi, LG also has TV factories.
Daegu city and Gyeongbuk province are 2 corona outbreaks in Korea. LG Electronics has asked workers to return from Daegu to work at home, LG Display also requires employees not to work for 2 weeks if they have been to Daegu recently, while the headquarters staff is limited to Daegu without government approval.
Samsung’s factory in Gumi mainly produces high-end smartphones for the domestic market, while 50% of Samsung’s smartphones globally are manufactured in Vietnam. The closure of the Gumi factory may affect the production of models such as the Galaxy Z Flip or Galaxy Fold.
Alarming corona virus infection at a church in South Korea South Korea is in an alarming state after the number of corona virus infections has soared. Nearly two-thirds of cases were related to the New Heavenly religion in Daegu city.