Korean telly factory power cut costs Samsung $30,000+ per second
Substation bloke whoopsie adds to troubled LCD div's woes
Samsung Display has suffered a power outage at one of its LCD plants that could cost the firm tens of millions of dollars.
Lights went out at the Samsung Electronics' telly division plant in the western city of Asan for around 10 minutes last night, the Yonhap news agency reported.
A Samsung official said that the plant's key facilities weren't affected by the power outage because an uninterruptible power supply (UPS) system immediately kicked in, but it will still take considerable time to normalise the entire LCD production line.
"We are currently restoring other facilities and estimating the size of the damage," the official said.
He said the damage was estimated to reach several tens of billions of won, or several tens of millions of dollars.
The outage, apparently caused by a worker's mistake at an electricity substation, is a tough break for Samsung's loss-making LCD biz, which was thrown out of its parent Samsung Electronics' house in April. ®
Re: Only "key facilities" protected
Did you miss the part where it said this was a FACTORY?
This ain't your little "kwonwledge economy" toys - servers and network gear - little boy. You're not going to power a production line out of UPSs and generators.
Unless you happen to own a power plant, of course - but have you seen the price tag on those?
Meanwhile, workers also reported seeing a ghostly figure of a man in a turtleneck. Company insiders denied that the outage was in fact the work of Steve Jobs' spirit.
In 1999, there was apower outage in downtown Chicago that cost the US economy about $1 billion. And that's Chicago, where the government takes everything. I can only imagine what the cost would be in a free economy like Korea.