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Samsung scales back production in Vietnam as demand falls: Reports
short by Purnima Rajput / on Thursday, 4 August, 2022
Samsung Electronics has cut down production at a smartphone plant in Vietnam as retailers and warehouses deal with increasing inventory amid global fall in consumer spending, reports said. US retailers like Best Buy, Target Corp warn of slowing sales. Plant workers said they are shifting to three-day and four-day work week as six-day work week and overtime is not needed.
read more at Reuters