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Friday, October 23, 2020

Samsung seeks shift to Vietnam

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HCMC – South Korean tech giant Samsung will end its personal computer (PC) production in China as it looks to shift the production to Vietnam to cut costs and remain competitive in the PC business.

Samsung Electronics is planning to shut down its plant in China’s Suzhou City this month. A part of the facility is set to be turned into a product research and development center, according to Nikkei Asian Review.

A representative of Samsung Electronics said that the firm would shift its PC production line to its operational plant in Vietnam after the shutdown.

The South Korean tech giant had earlier run three smartphone production factories in China. However, it ended all of its smartphone production activities there in late 2019 and shifted the production lines to its other branches, including Vietnam.

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