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October 3, 2019 01:00 pm
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/m4NqU5i4RTQ/samsung-ends-mobile-phone-production-in-china
Samsung Ends Mobile Phone Production In China
An anonymous reader quotes a report from Reuters: Samsung has ended mobile telephone production in China, it said on Wednesday, hurt by intensifying competition from domestic rivals in the world's biggest smartphone market. The shutdown of Samsung's last China phone factory comes after it cut production at the plant in the southern city of Huizhou in June and suspended another factory late last year, underscoring stiff competition in the country. The South Korean tech giant's ceased phone production in China follows other manufacturers shifting production from China due to rising labor costs and the economic slowdown. Sony also said it was closing its Beijing smartphone plant and would only make smartphones in Thailand. Samsung, the world's top smartphone maker, said it had taken the difficult decision in a bid to boost efficiency. It added it would however continue sales in China "The production equipment will be re-allocated to other global manufacturing sites, depending on our global production strategy based on market needs," Samsung said in a statement.Read more of this story at Slashdot.
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/m4NqU5i4RTQ/samsung-ends-mobile-phone-production-in-china
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