2020-09-08

Samsung to Close Its Factory in China by November

Samsung announced that it will shut down its TV production facility in Tianjin, China, by the end of November. The Korean giant has closed the other two smartphone facilities and sold the LCD factory to COST, shifting the production away from China step by step. (Image: Samsung) Samsung’s Tianjin TV factory is the only TV production site in China which supplies products to meet local demands. The company said that closure of the factory is part of the “ongoing efforts to enhance efficiency.” Since Samsung’s TV market share dropped i...
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