By Hyunjoo Jin and Joyce Lee
By Hyunjoo Jin and Joyce Lee
SEOUL, Feb 24 (Reuters) – Some South Korean employees at Samsung Electronics 005930.KS and Hyundai Motor 005380.KS are staying residence as a precautionary measure as company Korea scrambles to forestall the coronavirus outbreak from disrupting its residence market.
About 1,500 employees of Samsung Electronics’ cellphone advanced within the southeastern metropolis of Gumi have self-quarantined, after one in all its employees was contaminated with the illness, an individual conversant in the matter mentioned.
They embrace 900 employees who commute to Gumi from neighbouring Daegu metropolis, the individual mentioned. Daegu is the epicentre of the virus outbreak in South Korea.
South Korea on Monday reported 161 new instances of the coronavirus, bringing the overall variety of contaminated sufferers within the nation to 763, a day after the federal government raised its infectious illness alert to its highest stage.
Whereas many of the new instances had been traced to the southeastern metropolis of…