Samsung Scraps Plans For Myanmarr

Samsung Electronics has scrapped its plans to build a production base for smartphones or home appliances in Myanmar due to an unfavorable administrative environment as well as lingering political uncertainties.

The world’s leading smartphone manufacturer, which has three production facilities in Vietnam, has been considering building another plant in Myanmar to capitalize on the country’s cheap labor and rising opportunities in Southeast Asia.

To read the full article click here.

Follow us on social media for the latest updates in B2B!

Latest

Do You Know Where Your Instruments Are? How Surgical Instrument Marking Can Improve Your Perioperative feat. Bill Camargo and Jennifer Bingaman
June 28, 2022
Ahead of any surgical procedure or operation is the preparation of surgical instruments. In the latest episode of the podcast “ConCensis,” host Tyler Kern discussed the ins and outs of how Censis utilizes its Read more
Gossip About Gossip: Connecting Athletes Directly with Their Fans
June 28, 2022
Who is the human being behind the media-hyped athlete? How can athletes connect with fans in a safe, positive environment? Attempting to close these gaps is REVEL Moments, a live, unscripted, and safe two-way Read more
IC System Named a 2022 Star Tribune Top 200 Workplace
June 28, 2022
St. Paul, MN – The Minneapolis Star Tribune has named IC System one of Minnesota’s Top 200 Workplaces. Minnesota employees were surveyed about their employers, and 200 businesses across the state were selected. Read more