Huaxia Times reports that South Korean electronics manufacturer Samsung will close two LCD monitor factories in Southern China to mainly focus on its production base in Tianjin.
Samsung will reportedly close the two LCD factories, which are located in Zhongshan and Huizhou, and put its emphasis on the Tianjin factory. But a representative from Samsung has declined to give more details and says this is the company's business secret.
Samsung's LCD monitor output was reportedly 230,000 in September, which declined by 14.8% compared with that of August. Samsung is rumored to instead mainly focus on middle and high end monitors that yield higher gross profit, after the shutdown of the two factories.