Samsung Closes Its Final Smartphone Factory in China

October 9, 2019 8:00 am

Beijing (PingWest)—Samsung Electronics Co Ltd has ended mobile telephone production in China, it said on Wednesday, hurt by intensifying competition from domestic rivals in the world’s biggest smartphone market.

According to local media reports, the Huizhou site employs 6,000 people and produced 63 million handsets in 2017. The company had already shut down its largest production facility in Tianjin late last year.

The Korean mobile giant told Reuters that it had taken the decision to boost efficiency but vowed to continue sales in the world’s largest smartphone market.