Intense competition, Samsung ends mobile phone production in China
Nabanita Dutta
News Editor
Image Credit: shortpedia
Samsung Electronics has announced that the intensified competition in China is hurting its business and therefore they are ending their production in China. Due to the rising labour cost and increasing economic slowdown, the South Korean tech giant had very low hope of reviving its share in the domestic brands ruled the Chinese market. Sony has also announced its plans to end production in China.
