Author: Tronserve admin
Monday 2nd August 2021 01:58 AM
Samsung Pulls The Plug On Chinese Smartphone Production
Samsung this morning confirmed with Reuters that it has shuttered mobile phone manufacturing in China. The decision comes as the company goes on to struggle in the world’s No. 1 smartphone market.
As we observed in a more intense dive into China’s smart phone sales back in August, the Korean hardware giant has battled to uphold a market share in the low single digits. It’s not alone, of course; Apple, too, has encountered an uphill effort to crack the market, which is dominated by homegrown names, including Huawei, Vivo, Oppo and Xiaomi.
Sales have been driven by a combination of pricing and, in the case of embattled Huawei, patriotic buying decisions. Samsung has slowly phased out manufacturing in the country within the last year, halting operations in some plants, preceding finally pulling the plug altogether. The news follows a similar move by Sony. Apple, meanwhile, is keeping its production in the country for now.
More recently, Samsung has checked to others countries, including India and Vietnam, which have undercut China’s production costs. The company will, however, continue selling phones in China, even as it eyes other cheaper locations for manufacturing.