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Damages from domestic companies such as Samsung, LG, Kia, and Lotte in the U.S. historical cold wave

Input 2021.02.19 20:59

The record cold wave that struck Texas in the U.S. and a massive blackout are causing damage to domestic companies’ factories such as Samsung, LG, Kia, and Lotte.

According to the industry on the 19th, located in Austin, Texas, USA Samsung Electronics (005930)The semiconductor foundry plant has not been operated for the fourth day. Earlier, the city of Austin informed semiconductor companies such as Samsung Electronics, NXP, and Infineon that the power supply was interrupted as the power shortage caused by the cold wave became serious.

On the 15th (local time), the number of vehicles coming and going on the nearby I-45 highway was reduced due to the heavy snowfall that fell overnight in Woodland, Texas. The state of Texas hit colder temperatures than Alaska in 30 years of cold weather, a winter storm warning went into effect and Governor Greg Abbott declared it a disaster zone. /AP=Newsis

Lotte Chemical (011170)Ethane Cracker (ECC) and Ethylene Glycol (EG) plant in Lake Charles, Louisiana, USA, also shut down its power supply on the 16th (local time). The company is planning to normalize the operation of the plant within this week as much as possible, but it is difficult to guarantee normalization because it depends on the local power supply situation.

The wave of cold waves in the United States extends to neighboring Mexico. Located in Pesqueria, Nuevo Leon, northern Mexico Kia Motors (000270)The factory stopped working from the night of the 17th. Mexico relies on natural gas for 60% of its electricity generation, and more than 70% of its natural gas consumption is imported from the United States and elsewhere. However, due to the cold wave in the United States, electricity consumption has soared, which led to a decline in gas exports from the United States, causing problems in the supply and demand of natural gas in Mexico. Kia said, “We will suspend the operation of the plant until the 19th and resume it next week,” but said, “We must watch the status of natural gas supply and demand.”

previously LG Electronics (066570)Reynosa’s TV production line and Monterrey refrigerator and oven production line in northeastern Mexico were also shut down for two days on the 15th to 16th due to a power outage in the region. LG Electronics has resumed some operations from the afternoon of the 17th, but it has not been fully normalized due to power problems. LG Electronics also stopped production on the 16th on the 16th due to power supply problems at the Tennessee washing machine production line and the Huntsville solar module production line.

On the 18th (local time), electric power company engineers are working on repairing damaged telephone poles in Odessa amid record heavy snowfall and cold wave that struck Texas in the United States. /yunhap news

However, Samsung Electronics’ home appliance production lines in the US and Mexico are in normal operation until now. South Carolina, where Samsung Electronics’ washing machine factory is located, is one of the three states in the United States that are less affected by cold waves. The Queretaro home appliance plant and Tijuana TV plant in Mexico are also operating normally.

As of the 17th, at least 31 people died from the previous cold wave in the United States. A record cold wave and snow storm hit a massive power outage, and the water outages caused by freezing of water pipes and the like are continuing.

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