business / news / / Times of India
Samsung is said to be reassessing its strategy amid rising competition in China and stronger growth prospects in the US.
Samsung is considering exiting TV and home appliance sales in China as early as this year.
KEY POINTS
- Resources in China may shift toward semiconductors and smartphones instead of TV and appliances.
- Samsung may continue manufacturing appliances in China, but only for export to overseas markets.
- Lee Won-jin has been appointed as the new head of Samsung's Visual Display Business amid market challenges.
COMPANIES
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