Caixin
Caixin Global – Latest China News & Headlines

Home >

ABOUT US

CX Tech is Caixin Global's real-time tech news portal, featuring 24-hour news, short-form analysis, and roundups from business and tech media in China.

TRENDING
DeepSeek Cuts Flagship AI Model Prices by 75% as Funding Round Looms
Huawei Targets 1.4-Nanometer Chip Performance by 2031 With New Design Architecture
DJI Says Mass Adoption of Delivery Drones, Flying Vehicles Still on the Distant Horizon
LATEST
Huawei Targets 1.4-Nanometer Chip Performance by 2031 With New Design Architecture
DeepSeek Cuts Flagship AI Model Prices by 75% as Funding Round Looms
Wingtech Sues Nexperia in China, Seeking $1.2 Billion and Control of Equity
DJI Says Mass Adoption of Delivery Drones, Flying Vehicles Still on the Distant Horizon
Nvidia Still Not Sure It Can Sell H200 Chips in China
Alibaba Expands AI Push With Model Update, New Chip
Recruitment Data Suggests AI Has Yet to Hurt Hiring of Coders in China
AMD Bets on Edge Computing in Race for AI PC Market
Robot-Dog Maker Deep Robotics Seeks $370 Million Shanghai IPO
Unitree Unveils ‘World’s First’ Production-Ready Mecha
China Establishes New Agency for the Low-Altitude Economy
Baidu CEO Says AI Agents Will Be the Measure of AI Success
Tencent Wins Regulatory Approval to Acquire Audio Platform Ximalaya
Kuaishou Weighs Seeking Outside Money for AI Video Unit
China Issues Guidelines to Standardize AI Agent Development
Cover Story: How AI Is Mining Worker Data to Reshape the Labor Market
ByteDance Plans Subscriptions for AI Chatbot Doubao
U.S. Chipmaker Onsemi Reaffirms Commitment to China as Demand Rises From EV Shift
U.S. Moves to Block Chinese Labs From Certifying Electronics
Cover Story: AI Drives Markets as Valuations Race Ahead of Earnings
Local Firms Pick Up Laid-Off Workers from Samsung Plant in China

By Wang Jing and Denise Jia / Jul 12, 2019 04:30 AM / Business & Tech

Photo: VCG

Photo: VCG

More than a dozen local companies are recruiting laid-off employees from Samsung’s last cellphone plant in China.

Biel Crystal Manufactory Ltd., a Huizhou-based cellphone glass maker; electric car maker BYD Co. Ltd.; TCL Tonly Huizhou, a manufacturer of audio and video products as well as wireless smart interconnectivity products; and 11 other companies have been holding recruiting sessions for the last couple of days at Samsung’s plant in Huizhou, Guangdong province.

The world’s largest smartphone producer, facing rising costs and stiffer competition in China, announced voluntary layoffs in early June.

The first phase of the layoffs has been completed, and about 700 employees chose to voluntarily leave with compensation in June, a senior executive at Samsung’s Huizhou factory told Caixin Thursday.

The recruiters were invited by Samsung to meet the needs of laid-off employees to look for other jobs, the executive said in a phone interview.

Samsung opened the Huizhou plant in 1992. The factory made about 17% of the company’s global smartphone production in 2017. Before the layoffs, the plant had about 4,000 workers.

It is still unclear how many people will be idled in total, but speculation swirled since May that Samsung would shut down the Huizhou plant by September and relocate the smartphone manufacturing lines to Vietnam, several workers at the Huizhou plant told Caixin.

Samsung has never officially clarified the closure rumor. The executive said the Huizhou plant has launched the process of moving.


Share this article
Open WeChat and scan the QR code