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!