It was reported on September 24 that Samsung Display will be entirely produced in Vietnam starting next year, so are you surprised? According to the latest news, Samsung Display has officially notified internally that it will completely suspend production of existing Chinese factory OEM models in the fourth quarter.Internal inventory clearance has been carried out for all models produced in China. It is expected to complete the complete suspension of production and sales in the fourth quarter, and all subsequent supplies of Samsung Display will be transferred to its factory in Vietnam.
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The news also mentioned that some domestic supply factories have also planned to transfer molds to new factories in Vietnam and continue to maintain OEM cooperation with Samsung.
In fact, Samsung has closed many factories in China before, such as the closure of the Samsung Tianjin TV factory, and its last factory in China in Huizhou, Guangdong has also been shut down.
In response, Samsung also responded at the time that Huizhou Samsung Electronics was one of the first factories established by Samsung in China in 1992. Taking into account the current situation of the global mobile phone market and in order to improve global production and operation efficiency, it had to make the decision to suspend production at the Huizhou factory.