Samsung's Sole TV Factory in China to Halt Production
Samsung Electronics (005930:KR) announced September 7, 2020 that it would stop production at its only television factory in Tianjin, China by the end of November.
As the Korean technology giant's market shares in China, especially consumer products such as smartphones and TV, have been eaten by Chinese local vendors like Huawei, Xiaomi (01810:HK) and TCL electronics (01070:HK), the company's production lines in China failed to bring premium economic returns considering the labor cost and taxes.
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· Real Estate
The second batch of homesteads sold intensively in Shanghai this year began to trade 32 plots from July 25, reducing the quantity and improving the quality
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Smart IoT Device Brings Future Homes into Focus, but Sparks with Interoperability Issue
With the dawn of home automation having been heralded for years, the 'smart' label of in-home products as forthcoming additions has become ubiquitous in the sustainable technology market. Global companies sought to further underline their credentials in home automation which led to a massive stretch of the imagination from smart light bulbs and thermostats to doorbells.
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Briefing Jun 27, 2022 03:29 PM
· Technology
Japan plans to allocate US $65billion for infrastructure development in developing countries
Briefing Jun 25, 2022 11:00 PM
· Automotive
Chang'an Automobile, Huawei and Ningde times jointly released a new generation of intelligent electric vehicle technology platform CHN
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Briefing Jun 25, 2022 10:09 AM
· Automotive
Avita and Huawei have reached a comprehensive cooperation agreement to build a series of intelligent automobile products
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· Technology
Tianjin Port Group and Huawei signed a cooperation agreement on deepening digital transformation
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· Technology
Huawei will release the new car M7 at the summer new product launch
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· Real Estate
Financial associated press commentary: don't rush to deny the "wheat house exchange"
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· Industrials
Samsung and apple smartphones began to enter Russia through parallel import channels
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Xiaomi's Q3 Net Profit Surged by 182.9% YoY, while R&D Spending Rises to CNY 5 Billion
Smartphone makers' product matrix is one of the sources of competitive advantage, and applications such as the Internet of Things and smart electric vehicles will be a future trend.
Nov 21, 2023 03:51 PM
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