Samsung closes its last smartphone factory in China

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Samsung has closed its last factory in China - production at the facility in Huizhou was slashed a few months ago and has now Reuters reports that the factory has been completely shut down. In 2017 the Huizhou factory made 64 million phones, a significant fraction of Samsung's global output of 394 million. In 2011, this factory made 70 million phones while the one in Tianjin produced 56 million (the Tianjin facility was closed late last year). This doesn't mean that Samsung is pulling out of China, it will continue selling phones there. However, the stiff competition from local brands...



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