Samsung to cut phone production in Korea
Samsung, currently the world’s second largest phone maker, intends to expand the production of its low and mid-end handsets, in an attempt to get closer to Nokia’s leading position.
To do that, Samsung will reduce phone production in its homeland, South Korea, where manufacturing costs are high.
Quoting an inside source, Telecoms Korea says that Samsung intends to reduce the local production to 23% of the total, and increase the production in countries like China, India and Vietnam – known for their relatively low production costs.
(Samsung S3500, an affordable slider)
Back in 2005, Samsung’s largest domestic production base, the Gumi plant, manufactured 74% of the company’s phones. Over the years, the percentage has decreased, reaching 34% in 2008. Well, now the Gumi plant will make even fewer phones, probably to the joy of Sammy’s factories outside Korea.
Enjoyed the story? Get the news and updates as we publish them. For instant updates as we press the "Publish" button, click here to follow us on Twitter . To subscribe to RSS News Feed click here , for daily e-mail updates click here .If you liked the post, you might find these interesting too:
- Samsung to ditch Symbian, launch fewer Windows Mobile phones?
- Samsung threatens Nokia’s leading position in Europe
- Samsung flexible AMOLED displays to enter mass production soon
- Nokia entering Korean market for the third time
- How to win a Samsung Jet and a trip to Samsung’s headquarters
« Android-powered HTC Hero appears in video promoMotorola Clutch i465 now available, $129.99 from Boost Mobile »