Ho Chi Minh City Orders Samsung To Suspend Production Following Pandemic Resurgence: Bloomberg

Ho Chi Minh City commanded Samsung Electronics Co Ltd's SSNLF HCMC CE Complex and other factories in the Saigon Hi-Tech Park to suspend operations, Bloomberg reports.
The companies had to set up on-site sleeping accommodations for workers amid the pandemic resurgence as per the directive.
Intel Corp's INTC test and assembly plant in the park was allowed to continue operations after setting up sleepover arrangements and reducing some of its operations.
A fast-spreading outbreak led to a 15-day stay-home order in Ho Chi Minh City, beginning July 9.
Price action: INTC shares traded higher by 0.57% at $57.06 on the last check Tuesday.