Although Samsung makes enough money from the sale of smartphones and other devices, according to Bloomberg.com, it is preparing plans to move production from China to Vietnam, which would bring it more earnings, due to lower operating costs - such as lower wages and the like. The 2 billion factory in Vietnam will start producing devices as early as February/February next year and will already be responsible for 2015% of all smartphones produced during 40.
This move could be an attempt by Samsung to secure the same income after it starts focusing on low-end and mid-range devices, such as the new tablet, the price of which will be around 100 Euros. It thus wants to outgrow all Chinese manufacturers who produce relatively high-quality, but very cheap, high-performance devices that attract a large number of customers. For workers in Vietnam, the Korean company will pay only one-third of what it paid in China, so the prices of smartphones and tablets could go down significantly in the future.
*Source: Bloomberg
