Samsung Electronics Co Ltd is considering suspending operations at one of its mobile phone manufacturing plants in China due to slumping sales and rising labour costs, the Electronic Times reported on Monday.
Samsung might stop producing mobile phones this year at Tianjin Samsung Telecom Technology, its Chinese mobile phone manufacturing base in Tianjin, the South Korean newspaper said.
Samsung said on Monday that nothing had been decided on the fate of its Tianjin operation.
In China, the world’s biggest smartphone market, Samsung’s market share is around 1 percent, while Chinese brands such as Huawei are dominant players.