Samsung Electronics says to cut production volume at China mobile phone plant
Wednesday, 5 June 2019 () Samsung Electronics Co Ltd said on Wednesday it has decided to cut the volume of mobile phone production at its plant in the Chinese city of Huizhou due to the impact of intensifying competition in the country.
Samsung's first folding smartphone, the $2,000 Galaxy Fold, has been mired in controversy for the last several weeks. The device was scheduled to come out in late April, but when several review units..
Hong Kong (CNN Business)Samsung's operating profit plunged 60% in the first quarter, as the South Korean technology company grapples with the delayed launch of its troubled Galaxy Fold phone and waning..