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SEOUL (Reuters) – Samsung Electronics has to close its only TV plant in China until the end of November, a spokesman said Monday, the latest in a series of measures taken through the South Korean company to move production from the world’s second largest.. Economy.
The Tianjin TV factory is the only Samsung Electronics TV production base in China, the spokesman said.Resolution is a component of “continuous efficiency efforts” of its production facilities, Samsung said in a statement.
The factory has a total of about three hundred workers, yonhap news firm reported on Monday.Samsung declined to comment on the number of workers.
The newest leaves Samsung Electronics in China with an appliance factory in Suzhou and chip production services in Suzhou and Xian.
The resolution follows Samsung Electronics’ demo unit, confirming last week that it was promoting a majority stake in its Suzhou LCD production unit to TCL Technology Group Corp’s Star Optoelectronics Technology Unit.
Samsung Display announced in March that it had to finish all LCD production in South Korea and China until the end of the year.
In August, Samsung announced that it would end operations at its last computer plant in China.
(Report via Joyce Lee; Editing through Muralikumar Anantharaman)