Samsung Vina has officially announced the relocation of most of the Samsung computer monitor lines from China to the Samsung Electronics Ho Chi Minh Complex (SEHC) in the Saigon Hi-tech Park in Ho Chi Minh City’s District 9 in 2020.
The transfer of the computer monitor production lines to SEHC in Vietnam is of great significance to the company. According to a report by the International Data Corporation (IDC), Samsung computer monitors of 24 inches or above in Vietnam accounted for the largest market share in Q1 2020 at 34%.
With its position as an important gateway to Southeast Asian countries, Vietnam is expected to help Samsung strengthen the presence of its computer monitor products in the region.
According to Samsung, the relocation of production lines from China to Vietnam will help Vietnamese consumers get new computer monitor products faster than in other markets. Samsung is committed to boosting production in Vietnam, expecting that the country will continue to be an important link in Samsung’s global supply chain.
Work started on the SEHC in mid-2015 and the complex was put into operation in 2016. It is the second largest manufacturer of Samsung’s TV screens and household electronic devices in the world, after the factory in Mexico. The 94-hectare complex has seen a total investment of US$2 billion, including US$989 million for basic construction and equipment procurement.
