Armed robbers loot 40,000 products worth $36 million from Samsung's Brazilian factory

By Himanshu Arora · 11 replies
Jul 8, 2014
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  1. In a daring robbery, 20 armed men disguised as Samsung employees invaded a company factory in Brazil on Monday, and stole $36 million worth of merchandise including smartphones, tablets, laptops, and more.

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  2. amstech

    amstech IT Overlord Posts: 1,936   +1,101

    How much are those phones again? $300?
    How much are they paying thier workers?
    How much does the CEO of Samsung make?

    Similar events (not to this extent but financially) have already begun to take place in the states, just on different levels. For a very small example, I know several buddies that work for Verizon and TimeWarner (one quite high up) and they have, well lets just say have got even, and don't mind paying their ridiculous monthly bills so much anymore. :) One guy has worked for TWC for 24 years but says recently prices have gotten out of hand.

    No one escapes Karma. Doesn't matter how rich you are, who you know, or how many strings you pull. Its unavoidable. F*** people out of thier money and it will come back to haunt you 10 fold, one way or another.
    Last edited: Jul 8, 2014
    H3llion likes this.
  3. davislane1

    davislane1 TS Grand Inquisitor Posts: 4,736   +3,757

    A sentiment that lends credit to my theory that two wrongs don't make a right – it takes three (assuming wrong = left). Thus, this whole situation will be rectified when either (a) Samsung goes out of business for their alleged improprieties or (b) they purge thieving employees.
    SantistaUSA likes this.
  4. Lionvibez

    Lionvibez TS Evangelist Posts: 1,265   +436

    I totally agree with post and I believe in Karma.

    I feel bad for samsung because I love their products but in a world where people are starving and CEO's make way too much money the universe that we live in has a way of correcting itself.
  5. davislane1

    davislane1 TS Grand Inquisitor Posts: 4,736   +3,757

    You understand that the world has always (and will always) conformed to this paradigm, correct? You'll never elevate the lower blocks by lopping off the top of the pyramid.
  6. Lionvibez

    Lionvibez TS Evangelist Posts: 1,265   +436

    Yes that much is obvious.
  7. $36 million worth in 40 thousand products? That means the average cost of a Samsung product is $900, is that plausible?
  8. AnonymousSurfer

    AnonymousSurfer TS Guru Posts: 452   +40

    Samsung makes T's, Tablets, Laptops and Cameras, not just phones. I can believe it.
  9. AnonymousSurfer

    AnonymousSurfer TS Guru Posts: 452   +40

    Typo: Meant to say TVs
  10. What did they expect when using factory in a third-world country full of despots and criminals? Roses and handshakes? NOT!

    I'm sure the theft is a tiny fraction of the saving Samsung has made manufacturing in such a cheaper place to use than the US or other first-world options. Doing this doesn't make the devices cheaper for the consumer, it just puts MORE profit in the pockets of big companies.
  11. Nobina

    Nobina TS Evangelist Posts: 1,335   +843

    It was Apple! Just kidding, maybe those thieves will now sell Samsung phones for lower prices, I might get in contact with them.
  12. Alpha Gamer

    Alpha Gamer TS Evangelist Posts: 354   +116

    This $36 million worth is debatable. If you take into consideration that everything in Brazil is sold at 2x the price of everywhere else and that Samsung might be estimating those numbers on how much money they would make if they actually sold the stolen merchandise rather than how much it actually costs to produce, you would have $18 million or even less.

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