Outsourcing Times

May 01, 2006

Samsung plans to invest $18.5 billion on outsourcing

Samsung has plans to expand its outsourcing to mainland China in a bid to take advantage of the opportunities that the region provides for companies. Samsung has budgeted $18.5  billion for outsourcing to China to reap the benefits of reduction in production costs. ChinaTechNews.com reports:

In order to enlarge its outsourcing on the Chinese mainland, Samsung has moved its international outsourcing center from Hong Kong to Shanghai and renamed it the China International Outsourcing Center.

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May 1, 2006 in Asia | Permalink

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