What has Samsung done, does it resent China

What is the level of the largest Samsung group in China? Is he better than Huawei?

When we talk about Korean brands, we always think of Samsung, and in a way, Samsung can fully represent South Korea, because as one of the largest conglomerates in South Korea, Samsung Group has a business that involves almost all industries in South Korea and is all over Korea. However, for Samsung, we are more curious, what is the level of Samsung's largest Korean group, China? Is he better than Huawei?

As a brand that we are proud of, Huawei's valuation has reached as high as 9 billion, which is quite strong, and in the face of US sanctions, Huawei not only did not give in, but also forced the United States to issue temporary passes again and again with its strong strength. In contrast, Huawei is the largest private company in China and Samsung is the largest consortium in South Korea, who is stronger? The answer is simple, but you can't believe it.

If you compare Huawei and Samsung, there is no doubt that Samsung is stronger. As you know, the business area of Samsung Group is very large, including not only mobile electronics, network communications, but also life insurance, machinery heavy industry and real estate industry, and even even the military industry, each business has made certain achievements in this field, such as the mobile electronics industry Samsung is the world's first, machinery heavy industry is also the world's leading industry. In this regard, Huawei cannot be compared with Samsung, so which Chinese company can be compared with Samsung?

If Samsung is in our China, it will inevitably replace Huawei as the first private enterprise, but this does not mean that Samsung is "invincible", because there are some special enterprises in China, such as "state-owned enterprises", such as China Tobacco, Sinopec and State Grid, etc. In comparison, China's tobacco revenues far exceed Samsung's, and State Grid is technically stronger than Samsung. If you have to compare, only China's state-owned enterprises can match Samsung.

Generally speaking, Samsung, as the largest consortium in South Korea, can be said that Koreans have been dealing with Samsung since its birth, in fact, his power can be imagined. What do you think of this?

At the end of the day, it's just a conflict of interest. Competitor. It's not about resentment.

South Korea is more afraid of Samsung.

From Lee Byung-cheol's establishment of Samsung stores in 1938 to Lee Kun-hee's takeover of Samsung into a multinational giant enterprise accounting for up to 20% of South Korea's overall GDP, it has penetrated deeply into all aspects of South Korea. From Samsung's growth to glory, every step is inseparable from the shadow of South Korea's ** behind it.

However, when it grows to the point of "too big to fall", South Korea is now more afraid of Samsung than relying on it. In 2017, Samsung Electronics ranked sixth in the global brand list and ranked 15th in the world's top 500, with 156 subsidiaries under its umbrella.

The giant, which accounts for 20% of the country's GDP, South Korea has long been no longer the original vigorous support mentality, but has turned into a comprehensive suppression.

According to the latest report by Yonhap News Agency on November 9, we can see from the recent Lee Shengli case that South Korea is in fact a country controlled by chaebols through and through. What is the concept that chaebols, including Samsung and Rakuten, control the size of South Korea's GDP, even exceeding 20%? It is equivalent to the chaebols who can bring down politicians who are unfavorable to them at any time if they want to.

Some time ago, China and South Korea for various reasons, there were a lot of unpleasant things, coupled with Samsung itself in the manufacture of mobile phone products quality problems, and even many times there was a situation of hurting people (many people jokingly said that buying a Samsung mobile phone is like buying a bomb), so the Chinese people boycotted Samsung mobile phones, plus with its labor costs in China are getting higher and higher, Samsung, a mercenary company, slowly faded out of the Chinese market, and now it is difficult to find a large-scale Samsung production plant in China.

However, during this time, the consequences of Samsung's evacuation from the Chinese side have been revealed, after they moved the production plant to Vietnam, Bangladesh and other places, they found that there is no complete industrial chain in the local area, so even if the labor cost is low, the total cost of other costs is even higher than that of production in China. Looking at the world, only China and the United States can quickly gather 1,000 engineers, and the labor cost in the United States is five times that of China, so South Korea cannot do without Chinese manufacturing after all.

Just a month later, Samsung had to return to the Chinese market and have the Chinese OEM 60 million smartphones. In this regard, some American experts analyzed that the complete industrial chain owned by China is a unique advantage, and Samsung cannot obtain upstream products and services in Vietnam. And only China and the United States in the world can quickly assemble 1,000 engineers, which is also a crucial factor.

In fact, to a certain extent, this is an advantage for us, and it also gives us a wake-up call. Once a foreign company like Samsung finds a better alternative later, the withdrawal will be repeated. In the final analysis, it is the domestic production that must firmly grasp the lifeblood in its hands and make its own brand and channel, which is the king.

On October 2, 2019, Samsung closed its last mobile phone factory in China.

Founded in 1992 and officially put into operation in 1993, the Samsung factory in Huizhou is Samsung's main production base in China and the first Samsung factory to settle in China.

Prior to this, Samsung had successively closed its factories in Tianjin and Shenzhen.

In response to this act, Samsung issued a statement to **:

In the past 27 years since entering China, Samsung has closely followed the direction of China's leading industry, and adjusted its industrial layout in a timely manner to adapt to the rapid development and changes of the Chinese market. Samsung's industrial layout in China has been transformed into a high-end manufacturing industry in line with China's leading guiding direction, and has continued to invest in high-end industries in China in the past 6 years, with an amount of more than 20 billion US dollars, much higher than the amount of industrial adjustment, and will continue to invest in high-end industries in China in the future. ”

To understand this statement, Samsung's closure of mobile phone factories in China is to adapt to Chinese demand and vigorously develop high-end industries in the future.

The simple and crude understanding is that the Chinese mobile phone market is developing too fast, and Samsung can't keep up.

Either way, Samsung reveals a kind of powerlessness, disappointment and helplessness in the Chinese mobile phone market.

Maigoo believes that Samsung's withdrawal from the Chinese market is not a sudden event, as early as a few years ago, there were signs of Samsung's decline in the Chinese mobile phone market.

Samsung has not withdrawn from China, Samsung mobile phone foundry has withdrawn from China, one: our Chinese foundry cost is getting higher and higher, Samsung chooses Vietnam, India and other places, the foundry cost will be cheaper. The second is:

Samsung in the Chinese market was defeated by domestic mobile phones, and the share of Samsung mobile phones in our China is already very low. Although Samsung's mobile phones failed in our Chinese market, Samsung is still the world's No. 1 mobile phone manufacturer in terms of sales. Refueling domestic mobile phones.

Samsung is pretentious, does not respect Chinese customers, the service is not in place, the mobile phone is not easy to use, **geology, naturally no one buys it, and the cycle of decline is relatively short. Samsung can rest assured that you won't be lonely for too long, or Apple will come to accompany you.

When it comes to South Korea's economy, many people should first think of South Korea's entertainment, film and television industry and South Korea's service industry, and then everyone is likely to think of South Korea's chaebol.

The real reasons for Samsung's withdrawal from China are mainly the lack of localization strategy, too much reliance on the low-end market, and the rise of competitors.

First, there is a lack of localization strategy.

Samsung's mobile phone localization strategy in the Chinese market has always been problematic. Samsung has not fully adapted to the needs of local consumers in the Chinese market, such as product design, marketing strategy, after-sales service and other aspects of the Chinese market. Samsung's product design and features don't always match the needs of Chinese consumers, leading consumers to buy phones from other brands.

Second, too much reliance on the low-end market.

Due to the gradual decline of Samsung's high-end market share in the Chinese market, in order to maintain its market share, Samsung began to rely on the low-end market. However, Chinese consumers' demand for the low-end market has gradually decreased, and consumers are more inclined to buy more cost-effective products. In addition, China has passed the stage of applying for cards and sending mobile phones; As a result, Samsung's low-end market strategy did not bring a good market response.

Third, the rise of competitors.

There are many local mobile phone brands in China, such as Huawei, Xiaomi, OPPO, vivo, etc., which are constantly developing and growing. These local brands have put a lot of pressure on Samsung's market share of mobile phones. These brands are not only more in line with the needs of Chinese consumers in terms of product design and functionality, but also more intimate in terms of marketing strategies and after-sales service.

The impact of Samsung's withdrawal from China:

After Samsung's mobile phone slowly retreated to China, some of Samsung's factories that will stay in China have also slowly moved away, especially the mobile phone manufacturing plants, all of which have moved out one by one and moved to other regions, and naturally the factories will not stay in China.

Later, not only mobile phone factories, but also other electrical appliance factories were also moved out, such as PCs and monitors.

After Samsung moved out of China, the biggest impact was the release of tens of thousands of jobs.

According to the data released by Samsung, as of the end of 2021, the number of employees in Samsung's subsidiary in China was 17,820, while in 2013, Samsung Electronics had the largest number of employees in China, reaching 63,316, which is equivalent to a decrease of about 10,000 people, a decline.

The above content refers to Samsung's official website - company introduction.

First of all, this mobile phone must have withdrawn,Said to quit,In fact, most of them have withdrawn,But it is still possible to buy this mobile phone,And TV and other electrical appliances are still available,Because the after-sales service they did that year was not good,There are failures,And I don't admit that this Qin Yu is my country's Kaiyou people are not allowed to use his mobile phone, so it is said that the first sale was withdrawn later。