Half of the company’s smartphones are made in Vietnam.
According to foreign media reports, Samsung Electronics could capitalize on the coronavirus situation, especially as Apple announced this morning that its iPhone shipments were expected to decline.
Over the past 10 years, Samsung has actively invested in the construction of production lines for the production of its smartphones in Vietnam. Yes, several cases of coronavirus have been recorded in this country, in addition, a community of 10,000 people has been isolated, but the situation cannot be compared with China. A huge number of shops and factories are still either closed or operate in extremely limited mode.
About half of Samsung smartphones are currently manufactured in Vietnam. Sources in the supply chain are sure that this is what will enable Samsung to best withstand the effects of a coronavirus outbreak.
“We are doing our best to minimize any impact on our business,” Samsung said in a statement.
It is worth adding that last year Samsung closed its last two factories in China, entrusting the production of some models to Chinese ODM manufacturers. Samsung has confirmed that its Chinese partners continue to manufacture Galaxy smartphones.
Against the background of the current situation, many stores organize sales and empty stocks, which is why prices for many phones and other goods from China have recently become even more attractive.