Samsung considers factories in Indonesia as import tax rates go up
As government increases tax on imported products in the country, Samsung is seriously considering pitching up a few factories in Indonesia where phones and other electronics will be made for home use and for export also.
The Koreans lost a great deal of market share in the region as price differences between local dealers’ and Samsung phones soaked into the company’s sales.
Samsung dominated some 30 % of the market back in June 2013 but according to research carried out by Couterpoint Research, the world’s current top mobile phone vendor is down to only 20 % as of the end of June this year.
This isn’t something Samsung wants to hear, and to make matters worse, the Indonesian government is on the verge of effecting a new 20 % import tax on phones and other luxury consumer products.
People who have knowledge of the matter have told BestMobs that the top floor at Samsung is working to bring production to Indonesia as loosing a market with 240 million people doesn’t sound good.
Samsung’s fieriest rivals Apple does not have a better story to tell either, the Americans have now stepped down to only 6 % of the market share in Indonesia and the fall doesn’t seem to stop there.
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