[Photo] Samsung to shut down mobile phone plant in Tianjin
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Posted on : Dec.13,2018 16:13 KST
After struggling to penetrate the Chinese market, Samsung Electronics has announced that it will shut down its mobile phone manufacturing plant in Tianjin by the end of this month. Samsung has failed to compete with domestic competitors like Huawei. The company indicated that it will continue operating its other Chinese plant in Huizhou, Guangdong Province. Samsung is currently in a move to relocate its production plants to places with cheaper labor costs such as Vietnam and India. The photo shows Koh Dongjin, president of mobile communications at Samsung Electronics, presenting on the Galaxy A9 in Kuala Lumpur, Malaysia, on Dec. 11. (provided by Samsung Electronics)
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