Samsung to close down mobile phone plant in China's Tianjin

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(Telecompaper) Samsung has confirmed that it will be shutting down its mobile phone factory in the Chinese port city of Tianjin due to plunging local sales. “As part of ongoing efforts to enhance efficiency in our production facilities, Samsung Electronics has arrived at the difficult decision to cease operations of Tianjin Samsung Electronics Telecommunication (TSTC),” the South Korean company told the South China Morning Post.
Source: Industry News (syndicated from Telecompaper.com)

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