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Samsung Electronics says to cut production volume at China mobile phone plant

Reuters 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.
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News video: Samsung Electronics to cut China phone output as market share sinks

Samsung Electronics to cut China phone output as market share sinks 01:33

Samsung says it plans to cut production at a smartphone plant in China, as competition squeezes its share of the world's biggest smartphone market to less than 1%. Pascale Davies reports.

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