Samsung Electronics will cut more than a third of its workforce in China, and 11 branches and offices across the country will eventually merge into five, mainly in sales and marketing. The authenticity of this source is still to be verified. Although the whistleblower did not directly specify which company, but combined with its release of screenshots and “Beijing Jianguo Road 118” and other information speculated that Samsung in China.
Samsung to cut more than a third of its workforce
Samsung’s mobile phone officially shut down its third plant in China, its last. Samsung mobile phones accelerated in the Chinese market in the second half of 2018. At the end of 2018, Kwon Gui-hyun, president of Samsung Electronics Greater China, called out the slogan of Samsung’s mobile phone’s return to the Chinese battlefield. But after a year, Samsung’s share of the Chinese market is still hovering around 1%.