Samsung has stopped production at its latest computer factory in China

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Samsung will cease operations at its latest computer plant on Chinese soil, the South Korean company announced yesterday (Sat), recently turning into a line of manufacturers shifting its manufacturing operations from the world’s second-largest economy.

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Various companies are reconsidering the structure and location of their plants and production chains in light of rising production costs in China, the trade war between them and the US, and the shock caused by the Corona plague. Nearly half of Samsung Electronics Suzhou Computer’s workers will be affected. That’s what the China Morning Post wrote on Friday.

Samsung factory in China Photo: Reuters

The plant shipped $ 4.3 billion worth of products out of China in 2012, a figure that dropped to $ 1 billion in 2018, according to the Hong Kong-based newspaper.

Samsung closed its latest smartphone factory in China last year. Its remaining facilities in the country include two semiconductor manufacturing sites in Suzhou and Xi’an cities. “China remains an important market for Samsung and we will continue to provide quality products and services to our Chinese customers,” the company said in a statement.

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