Samsung is still the top mobile brand in the world. Huawei will not beat the company anytime soon especially since the US trade ban. However, Samsung isn’t without any problems. Sales of some products are going down. Smartphone sales are stagnant, no thanks to the Chinese OEMs rolling out affordable but almost premium mobile devices plus the booming 5G chip business. In the US, Samsung’s Austin research and development facility project is reportedly being shut down. This almost means layoff of some 300 employees.
There is no official announcement yet but some important documents filed within Texas were discovered. The files said that the Samsung Austin Research Center’s Central Processing Unit project is finally shutting down. The Texas Workforce Commission has received a WARN letter ( Worker
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