Three South Korean Companies Shift Production out of China

Three South Korean Companies Shift Production out of China
The logo of Hyundai Motor at the #WeAreMobility fair at the 97th edition of the Brussels Motor Show, in Brussels, Belgium, on Jan. 18, 2019. Dirk Waem/AFP/Getty Images
Frank Fang
Frank Fang
journalist
|Updated:

Three South Korean companies have recently shut down some of their production facilities in China, after taking a cue from South Korean tech giant Samsung Electronics.

Automakers Hyundai Motor and Kia Motors, and tech giant LG Electronics decided to execute a long-overdue decision to shift production out of China, after seeing Samsung announce such a decision in December last year, according to Japanese media Nikkei.
Frank Fang
Frank Fang
journalist
Frank Fang is a Taiwan-based journalist. He covers U.S., China, and Taiwan news. He holds a master's degree in materials science from Tsinghua University in Taiwan.
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