[Concall] Samsung Electronics "Must Carefully Review Operation of Chinese Production Facilities"
[Asia Economy Reporter Kim Pyeonghwa] On the 31st, Samsung Electronics stated during a conference call following the announcement of its fourth-quarter results that although US sanctions against China are intensifying, it is necessary to carefully consider the operation of its production facilities in China.
Hot Picks Today
"Stocks Are Not Taxed, but Annual Crypto Gains Over 2.5 Million Won to Be Taxed Next Year... Investors Push Back"
- "Don't Throw Away Coffee Grounds" Transformed into 'High-Grade Fuel' in Just 90 Seconds [Reading Science]
- Kakao Union: "All Five Unions, Including Headquarters, Approve Strike Vote"
- "Groups of 5 or More Now Restricted"... Unrelenting Running Craze Leaves Citizens and Police Exhausted
- "Even With a 90 Million Won Salary and Bonuses, It Doesn’t Feel Like Much"... A Latecomer Rookie Who Beat 70 to 1 Odds [Scientists Are Disappearing] ③
Samsung Electronics said, "The operation of the Xi'an fab has already taken a long time for the company to stabilize its operations in China, and since significant investments have already been made, very careful consideration is required. We are making efforts to prepare for the future based on the principle of providing optimal customer response by reviewing various aspects such as mid- to long-term market and global client demand, economic feasibility, and profitability."
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.