Samsung denies moving most of its display production from China to Vietnam

category:Internet
 Samsung denies moving most of its display production from China to Vietnam


Earlier, Tuoi tre, Vietnams official media, quoted a announcement on Samsungs website that Samsung Electronics would move most of its Chinese display production to Vietnam. But Samsung Electronics, based in Seoul, South Korea, responded that the report was unfounded..

However, the company did not provide further information.

Samsung Electronics sees Vietnam as an important gateway to other Southeast Asian countries and a link to the global supply chain. This move will make Vietnam a leading Samsung screen supplier in the world, the Vietnamese media reported

In addition, several other Vietnamese Internet media also reported that Samsung Electronics will move its display production business to Vietnam. But by late Friday, the reports had also been deleted.

Samsung Electronics is by far the largest single foreign investor in Vietnam, with a total investment of $17 billion.

The company currently has six factories and two R & D centers in Vietnam, among which the display manufacturing factory is one. (Tianmen Mountain)

Source: Zhang Zutao, editor in charge of Netease Technology Report_ NT5054