Samsung taps China's 5G market

Company to improve product design, R&D, accelerate localization process

Samsung Electronics Co Ltd will speed up the commercialization of fifth-generation wireless technology in China and deepen its cooperation with Chinese telecom carriers as the South Korean technology giant tries to reclaim lost sales in the world's largest smartphone market.

Industry experts said the tech heavyweight has faced intense competition from local rivals, and is betting big on superfast 5G technology to win back customers in the Chinese market through such technologies and products.