Samsung Electronics to halt production at its computer factory in China
KOREA's Samsung Electronics will halt operations of its last computer factory in China, the latest manufacturer to shift production from the world's second-biggest economy, reported Reuters
04 August 2020 - 19:00
Half the 1,700 employees on contract at Samsung Electronics Suzhou Computer will be affected, excluding those involved in research and development, the South China Morning Post reported.
The factory shipped US$4.3 billion worth of goods out of China in 2012, a figure that had sunk to $1 billion by 2018.
Samsung shut its last smartphone factory in China last year. Its remaining facilities include two semiconductor manufacturing sites in Suzhou and Xian.
This news 2462 hits received.