Reuters reveals Samsung workers in Vietnam bear brunt of slowdown in global demand for electronics

by DailyBriefers
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Business & Finance

Reuters was first to report that Samsung Electronics has scaled back production at its massive smartphone plant in Vietnam, as retailers and warehouses grapple with rising inventory amid a global fall in consumer spending. The effect is acutely felt in Vietnam’s northern province of Thai Nguyen, one of Samsung’s two mobile manufacturing bases in the country where the world’s largest smartphone vendor churns out half of its phone output. 

Article Tags

Topics of Interest: Business & Finance

Type: Reuters Best

Sectors: Equities

Regions: Asia

Countries: Vietnam

Win Types: Exclusivity

Story Types: Exclusive / Scoop

Customer Impact: Important Regional Story

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