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Sputnik

Samsung Ends Sales of Home Appliances, TVs in China Amid Tough Competition - Reports

NAMPA / Sputnik
2026-05-06
MOSCOW, May 6 (RIA Novosti) - South Korean electronics giant Samsung Electronics will cease sales of its home appliances and smart TVs in mainland China in light of the rapidly changing domestic and international business environment, Yonhap news agency reported on Wednesday, citing industry sources. The decision was driven by lower prices offered by Chinese manufacturers. Samsung has reportedly said to its local distributor partners that it will......
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