Samsung to scale back appliances, TV and display businesses in China, sources say
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Samsung China is undergoing a deep restructuring of its business architecture, according to sources. The move signals a fundamental shift in the consumer electronics giant’s strategy in the Chinese market, with its once broad portfolio of home appliances rapidly contracting. Sources indicate that Samsung plans to gradually scale back its presence in home appliances, TVs, and display-related businesses in China. Going forward, its operations in the country will primarily focus on two core segment
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