Thieves steal Samsung goods worth $6.4 million from factory

Home > Business > Industry

print dictionary print

Thieves steal Samsung goods worth $6.4 million from factory

Samsung Electronics said insurance will cover most costs in the theft of truckloads of merchandise from a factory in Sao Paulo state owned by the world’s largest smartphone maker.

About 20 bandits invaded the company’s factory in the city of Campinas Monday morning, using as many as 10 trucks to steal 40,000 units of product, the press office of the state civil police force said by phone. About 50 employees were held hostage as thieves snatched approximately 6.5 billion won ($6.4 million) worth of merchandise, according to Samsung.

“It is regrettable the incident took place. However, it is fortunate that there were no casualties,” Samsung said in a statement. “The police are currently investigating the incident, and we will fully cooperate with the police authorities and will make utmost efforts to resolve this issue.”

The police have suspects in the case, their press office said without providing additional details. The thieves took tablet computers, mobile phones and laptops, Agencia Estado reported.

Bloomberg

More in Industry

Are you Taycan to me?

Facebook hit with $6 million penalty for customer data leak

Spinoff to give LG chairman's uncle his own conglomerate

Lotte companies make appointments earlier than usual

Doosan Heavy becomes largest shareholder of Doosan Fuel Cell

Log in to Twitter or Facebook account to connect
with the Korea JoongAng Daily
help-image Social comment?
lock icon

To write comments, please log in to one of the accounts.

Standards Board Policy (0/250자)

What’s Popular Now