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Samsung prepares for a Chinese exit – to relocate TV production

China’s consumer electronics related supply-chains appears to be losing its sheen in the post-Covid-19 world. Samsung and arch-rival Apple initiated the shift of shifting their smartphone manufacturing to other locations. The South Korean tech giant is now following it up by moving its only TV making facility out of of Tianjin. 

Reports in the South Korean media suggests that Samsung could soon shut down its only manufacturing factory in Tianjin before end-2020. Nikkei Asian Review, said production could shift to Samsung’s facilities located in Vietnam, Mexico, Egypt, Hungary and possibly to newer destinations as well. 

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