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.
The post Reuters reveals Samsung workers in Vietnam bear brunt of slowdown in global demand for electronics appeared first on Reuters News Agency.
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