Samsung is one of the only cellphone manufacturers today that don't yet apply contract manufacturing to their company standard. Samsung manufacturing factories are located in Korea, where the in house labor is still considered an underpaid job. Many phone companies like Apple and Verison outsource the manufacturing of their product overseas to reduce their production cost. These kinds of decisions can often discredit a company from moving American jobs overseas and can cost companies their customers. With Samsung's home base in Korea, although they have inquired into the possibility of out sourcing to places like India or Bangladesh, they remain the sole manufacturers of their product today.
Monday, October 17, 2016
Ch. 5 - Developing a Global Vision
Samsung is one of the only cellphone manufacturers today that don't yet apply contract manufacturing to their company standard. Samsung manufacturing factories are located in Korea, where the in house labor is still considered an underpaid job. Many phone companies like Apple and Verison outsource the manufacturing of their product overseas to reduce their production cost. These kinds of decisions can often discredit a company from moving American jobs overseas and can cost companies their customers. With Samsung's home base in Korea, although they have inquired into the possibility of out sourcing to places like India or Bangladesh, they remain the sole manufacturers of their product today.
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