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Theft

Massive Mobile Phone Heist: Samsung Loses 12,000 Units Worth €9 Million

Strategic Insights

— 1 min read

A report by Yonhap News TV reveals a brazen theft of Samsung's latest Android flagships from a warehouse at London's Heathrow Airport. Approximately 12,000 units, including newly launched Galaxy Z Flip 7, Galaxy Z Fold 7, and Galaxy Watch 8, were stolen, valued at around €9 million (approximately Rs. 91 crore). This incident adds to a growing list of large-scale mobile phone thefts, with previous cases involving Samsung Galaxy phone parts stolen in India and 2,549 Samsung mobile phones stolen in 2024.

Key Takeaways:

  • A full truckload of Samsung's latest Android flagships, including 5,000 Z Fold 7 units, 5,000 Z Flip 7 units, and 5,000 Galaxy Watch 8 units, was stolen from a warehouse at London's Heathrow Airport.
  • The total value of the stolen goods is estimated to be around €9 million (approximately Rs. 91 crore).
  • This incident is not an isolated case; there have been previous large-scale mobile phone thefts, including parts worth over $3,30,000 stolen in India in 2020 and 2,549 Samsung mobile phones stolen in 2024.
  • In another incident in the United States in 2023, thieves stole 436 iPhones worth over Rs. 4.1 crore from an Apple Store by drilling a hole from a nearby coffee shop.
  • The Noida police arrested six people, including three truck drivers, for stealing Samsung Galaxy phone parts worth over $3,30,000 in 2020.
  • The gang involved in stealing 2,549 Samsung mobile phones in 2024 was subsequently caught.

Statistics:

  • 12,000 units of Samsung's latest Android flagships were stolen, including devices from the Galaxy Z Flip 7, Galaxy Z Fold 7, and Galaxy Watch 8 series.
  • The total value of the stolen goods is estimated to be around €9 million (approximately Rs. 91 crore).
  • 5,000 units of Z Fold 7, 5,000 units of Z Flip 7, and 5,000 units of Galaxy Watch 8 were stolen, along with the remainder belonging to the Galaxy S25 range and the Samsung Galaxy A16.
  • In India in 2020, parts for Samsung Galaxy phones worth over $3,30,000 were stolen.
  • In the United States in 2023, 436 iPhones worth over Rs. 4.1 crore were stolen.
  • In 2024, 2,549 Samsung mobile phones were stolen.

Sources:

  • Yonhap News TV
  • Sammobile
  • Times of India
  • King5 News
  • HT Digital Content Services with permission from Hindustan Times

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