Some Samsung, Hyundai workers self-quarantine as Korean Inc braces for virus impact

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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.

They include 900 workers who commute to Gumi from neighboring Daegu city, the person said. Daegu is the epicenter of the virus outbreak in South Korea. Daegu and other southeastern parts of Korea are an industrial hub in South Korea, Asia’s fourth-biggest economy, and home to factories of Samsung Electronics, Hyundai Motor and a number of others.

Samsung’s Gumi factory accounts for a small portion of its total phone production, but it produces premium phones and foldable phones, research firm Counterpoint said. Ulsan is home to Hyundai’s biggest car factory, and there are a number of suppliers in the city and surrounding areas, which cater not only to the automaker, but exports to the United States, Japan and other markets.

 

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