Get 40% Off
⚠ Earnings Alert! Which stocks are poised to surge?
See the stocks on our ProPicks radar. These strategies gained 19.7% year-to-date.
Unlock full list

Samsung says chip factory worker tests positive for virus, output not affected

Published 03/30/2020, 08:38 PM
Updated 03/30/2020, 08:50 PM
© Reuters. The logo of Samsung Electronics is seen at its office building in Seoul

SEOUL (Reuters) - Samsung Electronics (KS:005930) 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.

This is the first time a Samsung chip factory employee has tested positive for the virus, although several confirmed cases at the tech giant's smartphone factory in South Korea's southeastern city of Gumi resulted in a temporary suspension.

Chip factories have been largely unaffected by the pandemic which started in China, although concerns over supply disruption have contributed to recent price rises.

"One of our employees at our Foundry fab in Giheung, Korea, has tested positive with COVID-19," Samsung said in a statement, referring to the respiratory disease caused by the virus.

"Those who had been in close contact with the employee are currently in self-isolation and the employee's work area has been closed off for disinfection," Samsung said, adding that cleanrooms remained in operation.

© Reuters. The logo of Samsung Electronics is seen at its office building in Seoul

South Korea, which once posted the biggest outbreak outside China, has seen cases easing in recent weeks. The Korea Centers for Disease Control and Prevention reported 78 new cases on Monday, at least 13 of whom were people who arrived from abroad.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.