South Korea companies prepare for worst after Samsung coronavirus case

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SEOUL (BLOOMBERG) - Samsung Electronics, LG Electronics and other companies in South Korea are taking precautions against the coronavirus after a rising number of cases in the country, including the infection of a Samsung employee at a local production facility.. Read more at straitstimes.com.

SEOUL - Samsung Electronics, LG Electronics and other companies in South Korea are taking precautions against the coronavirus after a rising number of cases in the country, including the infection of a Samsung employee at a local production facility.

While the novel coronavirus originated in China, it is now spreading to other countries, including Korea with more than 750 confirmed cases. Companies from Japan to Singapore are taking steps to limit the spread among employees and within their facilities. The won dropped to a six-month low and stocks plunged after South Korea raised its infectious-disease alert to the highest level as the coronavirus outbreak worsened.

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