On July 30, Suzhou Samsung Electronics Computer Co., Ltd. (SESC) issued a notice announcing layoffs, retaining only the R&D department. According to the leaked "Notice to Employees", the layoffs were mainly due to fierce market competition and the shrinking market share of SESC products. In order to cope with the situation and market changes, Samsung headquarters adjusted its development strategy and transformed and upgraded the computer industry. It is reported that SESC's laptop production line will be closed by the end of August.
According to public information, Samsung Electronics Suzhou Computer Co., Ltd. was established in Suzhou in September 2002 with a total investment of US$33.58 million and a registered capital of US$13.43 million. It covers an area of 26,000 square meters and officially went into production in April 2003. It currently has 2,000 employees and is Samsung Electronics' only notebook computer production base in the world.
According to the statement, except for the R&D department employees, the performance of the labor contracts of all other employees will be affected. Sources predict that although Samsung's Suzhou notebook computer R&D department will be retained, Samsung is expanding its production line in Vietnam, and Suzhou notebook computer R&D may be transferred to Vietnam in two years.
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