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Monday, February 17, 2020

Coronavirus has Samsung fly phone parts to Vietnam

Samsung (OTC:SSNLF) has begun flying electronic components for its latest Galaxy phones from China to its factories in Vietnam as it grapples with sweeping supply chain disruptions caused by coronavirus, FT reports.
“We are making our best effort to minimize the impact on our operations,” a spokesperson said, adding that production had not yet decelerated.
Samsung launched its Galaxy S20 line, as well as the foldable Galaxy Z Flip, last week in San Francisco.

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