Samsung to move its production from China to India
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Many companies are moving their production out of China, due to the current trade conflict with the United States. Samsung could be the next to move that production. The Korean brand has already moved most of its production to other countries, especially India. But they still have one last factory in China, which they say could be closed soon.
Samsung to move its production from China to India
So that plant would be closed now. A news that leaks after many comments from workers at the plant, which show their concern at the possible closure.
Goodbye to China
This news would also be something that could be seen coming for a long time. Samsung's production at this plant in China has decreased dramatically over time. In the first quarter of the year alone, more than 20% fell. So the Korean brand is clear that its production is not going to stay in China, because it is constantly reducing.
In addition, last year the company's largest facilities in India were inaugurated. So it seems that the firm would seek to transfer production in its entirety to this country. We do not know if this plant or if there would be new production plants.
In this way, Samsung would be one of the largest companies to leave China entirely. It represents a great loss of employees and income. So surely it is a news that generates discomfort and that can affect many. We look forward to confirmation of these plans soon.
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