Samsung stops its phone industry in China
https://newsstechh.blogspot.com/2019/10/samsung-stops-its-phone-industry-in.html
Samsung stops its phone industry in China
It seems that a number of manufacturers of smart phones and information technology in general are starting to leave China as a distinctive destination for the manufacture of these devices, which is the same thing observed for the technological giant Samsung.
The South Korean company Samsung announced the closure of its last industrial sites in China, after it suspended another factory last year and then cut production at the last of its factories in China in June this year.
The reason for the action taken by Samsung, according to experts in the intense competition faced by foreign companies that are manufactured in China with local companies, especially the Chinese, especially Huawei, as well as Xiaomi and others.
Samsung is not alone in making this decision. Other companies have taken similar decisions, such as Sony.
It seems that a number of manufacturers of smart phones and information technology in general are starting to leave China as a distinctive destination for the manufacture of these devices, which is the same thing observed for the technological giant Samsung.
The South Korean company Samsung announced the closure of its last industrial sites in China, after it suspended another factory last year and then cut production at the last of its factories in China in June this year.
The reason for the action taken by Samsung, according to experts in the intense competition faced by foreign companies that are manufactured in China with local companies, especially the Chinese, especially Huawei, as well as Xiaomi and others.
Samsung is not alone in making this decision. Other companies have taken similar decisions, such as Sony.