Samsung Gifts Employees Free Galaxy S10+, Smart Watches And Cash

Harin - Oct 09, 2019


Samsung Gifts Employees Free Galaxy S10+, Smart Watches And Cash

With its factories' closure, Samsung will gift its employees a hefty severance package including a Galaxy S10+, a Galaxy A80, a smartwatch, and some cash.

Nikkei reported that Samsung will close its last smartphone manufacturing factory in Huizhou, China later this month. This step marks the company’s complete withdrawal from China.

Earlier, the company announced a production cut at its Huizhou factory following the shutdown of another factory in Tianjin at the end of 2018.

Notably, with the closure of the factories, the employees working here have been receiving a hefty severance package from Samsung. Gizmochina reported that, for those who have worked for the company for up to 10 years, the package includes a Galaxy S10+, a smartwatch, and some cash.

Samsung-gifted-its-employees-Galaxy-S10+
For those who have worked for the company for up to 10 years, the package includes a Galaxy S10+, a smartwatch, and some cash.

Meanwhile, those who have worked for less than 10 years will receive a free Galaxy A80. These two belong to the company’s mid-range and flagship category. Both are not the company’s latest releases but still have great specs and high value.

In 1992, China and South Korea formed a diplomatic relation. As a result, Samsung invested $52 million to establish Huizhou Samsung Electronics Co Ltd. As of 2007, the company has invested a total of $6.1 billion in China, employing more than 60,000 staff. Even the company was changed from “Samsung China” to “China Samsung,” showing its determination to “build a second Samsung in China.”

The South Korean giant had maintained three smartphone manufacturing factories in China, one in Shenzhen, one in Tianjin, and one in Huizhou. The ones in Shenzhen and Tianjin were both closed in 2018. Huizhou factory in Guangdong province was opened in December 1992 and went into operation in 1993.

At the moment, this is the only factory that is still operating in China. However, this June, Samsung has cut production scale at this factory, along with dismissing some of the staff.

According to some experts’ analyses, due to factors like increased labor cost, the South Korean giant is looking for more effective options in manufacturing smartphones like opening factories in India and Vietnam.

Tags
Next Story

Read More

7 Emerging Technologies That Can Pose Major Threats To Cybersecurity

Features- Oct 14, 2019

7 Emerging Technologies That Can Pose Major Threats To Cybersecurity

With only a few months left, 2019 has seen a slew of new cybersecurity threats. Citizens and government agencies have both fell victims of these attacks

Celebrity Voices Update For Google Assistant : How To Get It

How To- Oct 12, 2019

Celebrity Voices Update For Google Assistant : How To Get It

Google announced the new voice to hit Google Assistant in full on Oct 10th, 2019. This is the 2nd celebrity voice after the 1st one released back in 2018

Fitness Trainer Used 369 Fake Instagram Accounts To Harass Her Competitors

Features- Oct 14, 2019

Fitness Trainer Used 369 Fake Instagram Accounts To Harass Her Competitors

A fitness trainer named Tammy Steffen has been arrested by the FBI for creating 369 fake Instagram accounts to harass her competitors.

Nokia 6.2 Arrives In India With Snapdragon 636 Chipset And Dot Notch Display

Mobile- Oct 14, 2019

Nokia 6.2 Arrives In India With Snapdragon 636 Chipset And Dot Notch Display

The Nokia 6.2 is the latest Android One phone from HMD Global, coming with pre-installed Android 9.0 Pie at launch and a dot notch display.

Best Cases For Samsung Galaxy S10, S10 Plus, And S10E

Gadgets- Oct 12, 2019

Best Cases For Samsung Galaxy S10, S10 Plus, And S10E

No matter which S10 phone you buy, there are many cases out there for it. And below are some of the best case choices for your Galaxy S10 smartphones.

Learning New Languages Is Now Just A Cakewalk For Alexa

ICT News- Oct 14, 2019

Learning New Languages Is Now Just A Cakewalk For Alexa

Here's why Alexa could become a polyglot in the near future.