Duration 10:37

Samsung's Costly Regrets in India and Vietnam Lead to Plans for China Factory Return

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Published 2 Aug 2023

In the trade game between China and the United States, the first victim was unexpectedly South Korea's leading company, Samsung. After the United States tightened its export of chips to China, Samsung, an ally of the United States, was the first to respond. However, without revenue from the Chinese market, Samsung's profits plummeted by nearly 96% in the first and second quarters of this year, with losses of nearly 85 trillion won, the worst performance in 14 years. "China Focus" is a YouTube channel created to provide current events and pop culture headlines from China.Here you can get to know a more real China through my video. #ChineseNews #chips #ChinaFocus Thanks for your watching and subscribing.

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