LG Electronics is bringing home its employees who are working at its sales office in Tel Aviv. The decision comes as the conflict between Hamas and Israel has now escalated into a violent war.
Likewise, the South Korean electronics giant is arranging for the return of its Korean staff and their families to their homeland. This move was immediately put in place to assure the safety of the employees who were caught in the war.
Homeward Bound Due to Heightened Attacks in Israel
LG Electronics has decided to send Korean employees working at its Tel Aviv, Israel sales branch back to Korea in the aftermath of the armed conflict between the Palestinian armed faction Hamas and Israel.
According to Hankook Ilbo, LG Electronics is taking measures to ship its Korean employees and their families home as everyone now fears for their safety. This is due to the fact that war between Israel and the Palestinian political and militant organization, Hamas, has already been declared after the number of deaths from the surprise attack early Saturday rose to more than a thousand.
The number of LG Electronics staff who are eligible to return to South Korea is said to be about 20. The company is currently trying to find flights that will bring everyone home as soon as possible
Hyundai, Samsung Closely Monitoring the Situation for Possible Business Fallout
Aside from LG Electronics, Hyundai Motor, Samsung Electronics, and other Korean firms that have business in Israel are keeping a close watch as unavoidable consequences may crop up as the fighting intensifies.
Yonhap News Agency reported that the companies are monitoring the situation as business fallout from the conflict between Israel and Hamas is highly possible based on how the events are developing. Then again, at this time, the Korean firms that are operating in the country have not yet reported any damage to their facilities or businesses.
Photo by: LG Newsroom


Sony Q3 Profit Jumps on Gaming and Image Sensors, Full-Year Outlook Raised
Alphabet’s Massive AI Spending Surge Signals Confidence in Google’s Growth Engine
Asian Markets Slip as AI Spending Fears Shake Tech, Wall Street Futures Rebound
CK Hutchison Launches Arbitration After Panama Court Revokes Canal Port Licences
U.S. Stock Futures Slide as Tech Rout Deepens on Amazon Capex Shock
Ford and Geely Explore Strategic Manufacturing Partnership in Europe
Australia’s December Trade Surplus Expands but Falls Short of Expectations
U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains
South Korea’s Weak Won Struggles as Retail Investors Pour Money Into U.S. Stocks
SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates
Instagram Outage Disrupts Thousands of U.S. Users
Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge
Japan Economy Poised for Q4 2025 Growth as Investment and Consumption Hold Firm
Trump Signs Executive Order Threatening 25% Tariffs on Countries Trading With Iran
Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate
Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch
Trump Endorses Japan’s Sanae Takaichi Ahead of Crucial Election Amid Market and China Tensions 



