Samsung Elec to shut down sole China TV factory by Nov

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Samsung Electronics has decided to shut its only TV factory in China by the end of November, a spokesman said on Monday, the latest in a series of moves by the South Korean firm to shift production from the world's second-largest economy.

FILE PHOTO: The logo of Samsung Electronics is seen at its office building in Seoul, South Korea January 7, 2019. REUTERS/Kim Hong-Ji

The TV factory in Tianjin is the only Samsung Electronics TV production base in China, the spokesman said. The decision is part of “ongoing efforts to enhance efficiency” in its production facilities, Samsung said in a statement earlier. The latest exit leaves Samsung Electronics in China with a home appliance factory in Suzhou and chip production facilities in Suzhou and Xian.

Source: Financial Digest (financialdigest.net)

 

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Time to secure technologies

CCPChina concealed the WuhanVirus within its own border and allowed it to spread globally. This is a good move to hold them accountable.

Most Samsung’s have been coming from Mexico for awhile now...

Samsung take a wise decision

Free Tibet Free Hongkong

Wise action. Doesn't need to worry about the factory damage by angry protesters.

Doing business in a country full of lies and no rule of law is no guarantee for the business🤷

kerokero_HKer How evil can the Chinazi Tyranny be? . Hongkonger well knew CCP China & HKPolice HKGov are evil & brutal Totalitarianism long ago.. HKer is still fighting, For justice, HumanRight & democracy! Pls StandWithHongKong! Pls help! SOS

Everyone (companies and customers) should follow it... if we want to help Chinese people we should do our part to create the economic pression against Chinise government... otherwise we are all hypocrites, speaking about human rights but giving money to that dictator government

Very good decision.👍🏻👍🏻👍🏻

Kathleen_HKer How evil can the Tyranny be? . As a Hongkonger, my dream is simple but difficult.. So difficult for HK to have justice, HumanRight, liberty & democracy.. But We’re still fighting! Help us! No more PoliceBrutality, evil CCP Chinazi Totalitarianism! DefendingHongKong

Good call!

These companies started to realise that CCP is never reliable.

AP charger accha nhi bnate ho

It is good to see that ppl from the world start to identify that they cant rely on CCP.

Glat to hear that news. BoycottMulan BoycottChina StandWithHongKong FreeHongKong

Good to know, Samsung boycotting China, Indians are looking at Samsung mobiles to buy as we are boycotting Chinese mobiles

If Samsung TV are made in 🇨🇳, & compares w/ the price, why don’t the Chinese choose those China brands like TCL, SKYWORTH & KONKA. But on the contrary, if Samsung TV produced in countries other than China would be totally different. All we know Chinese ❤️ to buy foreign goods.

That’s the wise move. China is not safe for business or living. StandWithHongKong boycottchina

Stand with Hong Kong, fight for freedom.Oppose the National Security Act,hope other countries support us.

Great choice Samsung!

It’s a wise decision to move the TV factory away from China. It is better to reduce the dependence on China’s supply chain.

Wise move

It’s good to leave China.

Good! China is not the only choice! BoycottChineseProducts

Even with cheap/forced labour, ccp just proved itself not a trustworthy partner to trade with, let alone in political world. CCP_is_terrorist

just ban ccp

China is no longer a trustworthy partner to build a reliable, safe, civilized & peaceful world. CCP break promise, use lies, censorship, torture & virus to spoil the world. CCP won't stop infiltrating & corrupt your country. Time rip this CCP virus.

Eat the rich Cuz they are eating the poor.

😯

Hey globaltimesnews , waiting for your threatening tweet.

Why?

The reason why TVs cannot sell.

Good for Samsung. People should buy Samsung, Asus, Panasonic, Sony, etc. instead of Chinese.

Well. At least 'Made in Korea' is coming back

👍

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