Samsung allies expecting dismal 'winter' ahead
By Gao Yuanin Beijing And Zhou Mo In Dongguan, Guangdong | China Daily | Updated: 2015-08-12 08:14
Samsung Electronics Co Ltd's Chinese supply chain partners are feeling the chill in the hottest part of the year after the South Korean giant took a hit in its smartphone business.
Dongguan Janus Precision Components Co Ltd, a structural parts supplier for Samsung mobile phones, said its revenue generated from Samsung-related deals had decreased significantly in the first six months.
"Growth in mobile phone shipments has moderated in the first six months of this year. Demand for plastic structural parts, which are mainly used in mobile phones, has weakened," the company said in an email reply to China Daily.
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