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February 23, 2008
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| LG Electronics Company, Korea’s No. 2 electronics maker, said yesterday it has halted sales of one of its latest laptop brands reported to be equipped with defective batteries. The LG decision on its Z1-AE007 model followed reports that a battery in one of the laptop computers owned by a graduate college student in Seoul caught fire on Thursday. A spokesperson for the company, however, stopped short of indicating a possible product recall, saying that “the matter should be consulted with the battery maker.” Earlier in the month, LG, together with its battery provider, LG Chem Ltd., conducted a safety check of its laptop batteries after one of the products owned by a newspaper reporter abruptly exploded in January. At that time, the companies had concluded that the explosion was an isolated incident triggered by external factors such as high temperature and shock, not by defects in the laptop or its battery pack. LG Electronics stock price finished up 1,600 won yesterday to close at 96,000 won. LG Chem shares fell 3,200 won to 74,900 won. Yonhap |
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