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South Korea’s Samsung closes its last smartphone factory in China
- ‘Difficult decision to cease operations’ at plant in Huizhou taken to ‘enhance efficiency’, company says
- Firm’s market share in China has dwindled to near insignificance as competitors like Huawei and Xiaomi have taken upper hand
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Samsung Electronics said on Friday it has ended the production of smartphones in its last factory in China.
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Operations at the plant in the south China city of Huizhou, Guangdong province, ended last month, it said in an email.
The company made “the difficult decision to cease operations of Samsung Electronics Huizhou” in order “to enhance efficiency” in its manufacturing, it said.
Samsung’s market share in China has dwindled to near insignificance as competitors like Huawei and Xiaomi have taken the upper hand. It once had 15 per cent of China’s smartphone market.
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The South Korean giant has moved a large share of its smartphone production to Vietnam and closed a factory in northeastern China’s Tianjin last year.
“The production equipment will be reallocated to other global manufacturing sites depending on our global production strategy based on market needs,” the statement said.
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