Samsung goes to stop production of its sole TV factory in China

Samsung Electronics company is going to stop production at its only television factory in Tianjin, China in November. The decision has been taken and it has been finalized, “ongoing efforts to enhance efficiency” in its production facilities. Samsung did not want to disclose the number of workers of their company but said some of the workers are expected to be retained.

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News source: Reuters

Update by Srijita Ghosh