Half of Samsung's smartphones are now made in Vietnam, where the coronavirus that has crippled the China operations of Apple and many other firms has so far had only a limited impact on its production.
Many Chinese and foreign firms have begun to re-open China factories that were idled for weeks, but shortages of workers and other problems have in many cases kept output to a minimum. Still, two sources familiar with Samsung's Vietnam operations cautioned that should the virus outbreak be prolonged, Samsung would feel the impact, as the company sources many components from China.
Before the virus, the global smartphone market had been expected to end two consecutive years of falls, driven by smartphones running on faster 5G wireless networks. But the virus outbreak will throw cold water on any rebound, with global shipments likely to record another decline.
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