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
Alibaba Tech Tapped to Provide Olympic Athletes With AI Assistants
Satellite-Maker Spacety Kicks Off IPO as China’s Commercial Space Race Heats Up
China's AutoFlight Rolls Out World’s First 5-Ton eVTOL
LATEST
China's AutoFlight Rolls Out World’s First 5-Ton eVTOL
Alibaba AI App Crashes After 3 Billion Yuan Giveaway Sparks Frenzy
Satellite Chipmaker Cygnus Raises $215 Million as China Internet-in-Space Push Accelerates
Alibaba Tech Tapped to Provide Olympic Athletes With AI Assistants
Satellite-Maker Spacety Kicks Off IPO as China’s Commercial Space Race Heats Up
Beijing Humanoid Robotics Hub Raises $100 Million in First Funding Round
Analysis: Alibaba’s New Processor Shows Applications Are Key to AI Chip Success
Aerofugia Raises Nearly $150 Million to Get Flying Taxis Certified
Alibaba Pledges $432 Million in Lunar New Year AI Subsidy War
In Depth: Megvii Co-Founder Is Back Riding the Latest AI Wave
China Fines Kuaishou Unit $3.8 Million for E-Commerce Violations
Chips Drive China’s Electronics Exports
Robots Take the Stage at China’s Spring Festival Gala
Alibaba Unveils New AI Chip to Rival Nvidia’s China Offerings
ASML Expects China Revenue Drop Following Backlog-Fueled Surge
China’s Telecom Industry Stalls as Traditional Revenue Dries Up
TikTok Outage Puts New U.S. Operations to the Test
Moonshot AI Gets More Into Agents With New Model
Texas Doubles Down on China Tech Ban, Adding AI and E-Commerce Giants
Chinese GPU-Maker Challenges Nvidia in Three-Year Development Plan
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