Samsung ends smartphone phone production in China
- Country:
- Korea Rep
Samsung Electronics says it has ended the production of smartphones in its last factory in China. Samsung said in an emailed statement Friday that it "has arrived at the difficult decision to cease operations of Samsung Electronics Huizhou" in China in late September.
It says the decision was part of its ongoing efforts to "enhance efficiency in our production facilities." The company says it's following appropriate processes under China's relevant laws to withdraw. Samsung closed another factory in Tianjin, China, last year.
South Korean media say Samsung's end of mobile phone production in the world's largest smartphone market was partly because of rising labor costs in China.
ALSO READ
-
ILO Report Reveals How to Bring Social Security Within Reach of Informal Workers
-
WTO Sets Up Panel on EU Carbon Border Rules as Russia Challenges Restrictions
-
WHO Brings Global Experts Together to Strengthen Herbal Medicine Quality and Safety
-
Human Cost of Faster Work: Chinese Employees Weigh AI’s Promise Against Pay Fears
-
China's August Disasters Yield $5.38 Billion in Losses
Google News