It Begins: Samsung Shutters Smartphone Factory In South Korea After Virus Outbreak

General Motors Co's South Korean unit plans to sharply cut output this month at a factory producing its new Trailblazer sport-utility vehicle (SUV), as the coronavirus outbreak weighs on its U.S. exports and also disrupts parts supplies......»»

Samsung Electronics Co Ltd said on Tuesday that one of its chip factory workers in South Korea had tested positive for coronavirus, but its output has not been affected......»»

Some South Korean workers at Samsung Electronics and Hyundai Motor are staying home as a precautionary measure as corporate Korea scrambles to prevent the coronavirus outbreak from causing widespread disruption in its home market......»»

Some South Korean workers at Samsung Electronics and Hyundai Motor are staying home as a precautionary measure as corporate Korea scrambles to prevent the coronavirus outbreak from disrupting its home market......»»

South Korea's LG Abandons Smartphones As Electric Vehicles Business Sees Explosive Growth Samsung, the world's biggest smartphone maker, has just cemented its dominanc.....»»

Kia Motors Corp told its labour union in South Korea that it wants to suspend operations at three of its domestic factories as the coronavirus outbreak weighs on exports to Europe and the United States, a union official said on Monday......»»

Samsung Display, a supplier for Samsung Electronics and Apple, has asked Vietnam to exempt 700 engineers from coronavirus-hit South Korea from a mandatory quarantine, saying they need to prepare for the production of screens for new smartphones......»»

South Korean budget carrier Jeju Air Co Ltd said on Monday it would acquire a 51% stake in competitor Eastar Jet for 54.5 billion won ($45.49 million), a lower price than previously announced......»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

US citizens have been told to prepare for a coronavirus outbreak. The virus, which originated in China, has started to spread rapidly throughout South Korea, Italy, Japan, and Iran. The World Health Organization has so far hesitated.....»»

New Virus Cases In South Korea Surpasses China For First Time The outbreak of COVID-19 in South Korea has just hit another unfortunate milestone: For the first time on Thursday, new cases in the tiny East Asian country of just 2.....»»

Chung Sung-Jun/Getty Images A senior health official in South Korea who is responsible for leading efforts against the coronavirus outbreak admitted to being a member of a doomsday church "cult" after contracting the virus. The delay forced.....»»

Chung Sung-Jun/Getty Images A senior health official in South Korea who is responsible for leading efforts against the coronavirus outbreak admitted to being a member o.....»»

Some South Korean workers at Samsung Electronics and Hyundai Motor are staying home as a precautionary measure as corporate Korea scrambles to prevent the coronavirus outbreak from causing widespread disruption in its home market......»»

Samsung Electronics said on Saturday that one coronavirus case had been confirmed at its mobile device factory complex in the southeastern city of Gumi, causing a shutdown of its entire facility there until Monday morning......»»

The league’s statement is a start to solving the logistical challenges brought on by the virus......»»

Hyundai Motor will suspend production in South Korea because the coronavirus outbreak has disrupted the supply of parts, it said, becoming the first major carmaker to do so outside of China......»»

Hyundai Motor said it will suspend production in South Korea due to the coronavirus outbreak disrupting parts supply, becoming the first major automaker to do so outside of China......»»

Hyundai Motor said it will suspend production in South Korea, its biggest manufacturing base, becoming the first major automaker to do so outside China due to disruption in the supply of parts resulting from the coronavirus outbreak......»»

Hyundai Motor plans to gradually suspend production at its South Korean factories from Tuesday, the first global major automaker to do so outside China, due to supply chain disruptions caused by the coronavirus outbreak......»»