For the previous few years, your complete Samsung Group has been shifting its manufacturing amenities from China to different international locations. Now, the corporate pronounces to shutter its solely TV manufacturing unit situated in the town of Tianjin by the tip of November. This information comes after Samsung Show’s sale of Suzhou LCD plant to TCL Expertise Group Corp’s Star Optoelectronics Expertise.
The TV manufacturing unit in Tianjin is Samsung Electronics’ solely TV manufacturing plant in China, in keeping with the corporate spokesperson, studies Yonhap Information Company. This plant has about 300 staff. In response to Reuters, a few of these staff and tools can be retained.
As per a Samsung spokesperson, this determination is a part of the corporate’s ongoing efforts to boost effectivity in its manufacturing amenities. As soon as this manufacturing unit shutters by November finish, the South Korean tech big can be solely left with a house equipment manufacturing unit in Suzhou and chip manufacturing amenities in Suzhou and Xian of China.
It’s value noting that Samsung had already introduced its plans to cease making LCD panels by the tip of 2020. The corporate is now focussing extra on QLED expertise. On account of this, it’s reported to purchase LCD panels from different suppliers for its funds televisions.
Chinese language LCD manufacturing firms are mentioned to be the beneficiaries of Samsung exiting the enterprise.
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