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.
Briefing Mar 31, 2021 06:04 PM
· Technology
Xiaomi's entry into electric vehicle manufacturing is now official
Briefing Mar 26, 2021 04:36 PM
· Technology
Xiaomi wants to build electric vehicles at Great Wall Motor factory
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Technology
Pains Behind Xiaomi's Record Highs in 3Q 2020: A Long Way to Greatness
Xiaomi's recent surging stock price has revealed increasing investor confidence. Its recently released financials lived up to high expectations. However, the company's pain points behind the numbers are likely to pull down the market cap in the short term.
Nov 29, 2020 07:38 PM
Briefing Feb 26, 2021 02:10 PM
· Automotive
Huawei plans to launch its own brand electric vehicle
Briefing Feb 21, 2021 10:10 PM
· Automotive
Xiaomi group: it is studying the electric vehicle manufacturing business, but it has not yet reached the stage of formal project approval
Mar 23, 2021 06:37 PM
Mar 01, 2021 07:00 PM
Jan 28, 2021 01:11 PM
Dec 09, 2020 02:51 PM
Briefing Dec 23, 2020 04:35 PM
Huawei releases a series of new products such as Changxiang 20se and matebook D
Briefing Dec 23, 2020 02:57 PM
Huawei He Gang: nova7 series 5g mobile phone sales ranked first in China in the third quarter
Briefing Dec 23, 2020 02:36 PM
· Technology
Xiaomi group's market value exceeds HK $800 billion
Briefing Dec 11, 2020 08:27 PM
Ministry of water resources and Huawei sign strategic cooperation agreement to promote high quality development of water conservancy industry
Briefing Nov 27, 2020 08:21 PM
· Technology
PetroChina and Huawei jointly build exploration and development dream cloud intelligent engine
Briefing Nov 27, 2020 05:38 PM
· Technology
Lin bin, co-founder of Xiaomi group, converted 1.8 billion class A shares into class B shares.
Briefing Nov 25, 2020 10:08 AM
· Technology
Xiaomi group: in the third quarter, the global smartphone shipment increased by 45.3% year-on-year, reaching 46.6 million, with the highest year-on-year growth among the top five global manufacturers
Briefing Nov 24, 2020 10:58 PM
· Technology
ADR of Xiaomi group fell more than 5%
Briefing Nov 24, 2020 10:16 PM
· Technology
Huawei to restart production of 4G mobile phones
Briefing Nov 24, 2020 09:27 PM
UK proposes new bill: companies using Huawei and other equipment will be fined 100000 pounds a day
Briefing Nov 24, 2020 07:36 PM
· Technology
President of Xiaomi: seeing the news of Huawei and glory from the media has no impact on Xiaomi's strategy
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