Samsung Electronics suspending in China

Samsung Electronics is considering suspending operations at one of its mobile phone manufacturing plants in China due to slumping sales and rising labour costs

Samsung might stop producing mobile phones this year at Tianjin Samsung Telecom Technology, located in the northern Chinese city of Tianjin, the South Korean newspaper said, describing the move under consideration as a potential withdrawal.

According to the Electronic Times, its Tianjin plant in China produces 36 million mobile phones a year and its Huizhou plant makes 72 million units a year, while the two factories in Vietnam combined make 240 million units a year.