LG Followed by Samsung Also Suffer Damage in South Africa Riots... Logistics Warehouses Looted

[Image source=AP Yonhap News]

[Asia Economy Reporter Jeong Hyunjin] Following LG Electronics, Samsung Electronics' logistics warehouse has also suffered damage due to riots in South Africa.

According to industry sources on the 14th, it has been confirmed that Samsung Electronics' logistics warehouse in Durban, a port city in KwaZulu-Natal province in southeastern South Africa, was damaged due to looting. Samsung Electronics operates a logistics warehouse in South Africa to store products for local sales. Samsung Electronics stated that it is difficult to assess the extent of the damage, but there is no damage to factories other than the logistics warehouse.

Earlier, in the Daman Industrial Complex, rioters broke into LG Electronics' factory in the early morning of the 12th, looting home appliances, equipment, and materials, and then set fire to the production line and logistics warehouse. As a result, the factory was completely destroyed by fire. LG Electronics' Durban site operates one production line producing TVs and monitors for sale in the South African market. Approximately 100 employees work there. LG Electronics explained that there were no casualties from this riot.

The South African government has deployed armed military forces to suppress the riots and looting as they spread to Johannesburg, the largest city in South Africa, but the efforts have been insufficient. The protests began in response to the detention of former President Jacob Zuma on charges of corruption and fraud during his tenure, but analysts suggest that severe economic hardship due to COVID-19 and dissatisfaction with wealth inequality have accumulated, leading to large-scale riots.

This content was produced with the assistance of AI translation services.