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January 10, 2008, 4:24 am
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Exploding laptop hits LG shares
Shares in LG Electronics and LG Chem have fallen after a laptop computer
exploded, which LG Electronics said contained an LG Chem battery.
Several Korean newspapers reported the computer owned by a local journalist
had exploded while in sleeping mode.
News channel YTN showed pictures of flames and smoke rising from it.
LG Chem has asked a third party to investigate the incident, although there
was no indication that the battery had been to blame.
LG Electronics shares closed down 5.7% in Seoul while LG Chem fell 4.7%.
In 2006, Sony began recalling 9.6 million lithium-ion batteries because of
fears that they could burst into flames. The recall eventually cost it
51.2bn yen ($467m; £238m).
LG Chem is the world's fifth-largest manufacturer of lithium-ion batteries,
which are used in mobile phones and laptop computers.
Story from BBC NEWS: