The Recycler
  • Ninestar Masthead Banner Inkjet
  • Biuromax Web banner June 2022
  • Katun March Web Advert 2021
  • Static Control June 2022 Masthead Ad
  • https://www.ecs-uk-ltd.co.uk/partner-us?utm_source=tr-636x124-8&utm_medium=didiad

Samsung’s Kenyan plant ambitions quashed

Samsung’s Kenyan plant ambitions quashed

January 17, 2018

The OEM has announced that it is abandoning its plans to build an assembly plant in Kenya, due to the threat of cheap electronic imports.

As Standard Digital reports, Samsung has given up on its plan to build an assembly plant in Kenya, dedicated to the manufacture of printers, laptops and television sets, “citing failure by Government to put in place mechanisms that would protect local manufacturers from cheap electronic imports.”

The company’s chief executive, Sung Yoon, explained that, although Kenya and the regional market “offered the firm good opportunities for growth”, due to the lack of import taxes on electronic items, “locally manufactured products would be overrun by cheap imports.”

“Building a local assembly plant depends on how the Government will protect these investments… there are many products that are coming in without paying the required duties and taxes,” said Yoon, concluding, “We do not have plans for a plant at this time.”

Categories : Around the Industry

Tags : Kenya Manufacturing Samsung

  • IR Italiana Web ad January 2021
  • GPI September 2022 Web Ad
  • Aster July 2022 Web banner
  • Ink Tank September 2022 Web banner
  • Apex Web Ad September 2022
  • GM Tech Web ad September 2022
  • Static Control June 2022 Big & Bold Ad
  • Mito Web Ad September 2022
  • CET June 2022 Web ad
  • Zhono September 2022 Web Ad
  • ITP Web ad January 2021
  • HYB Web banner
  • PCL Web ad January 2021
  • CTS New Ad March 2022
  • CTS New Ad March 2022
  • PCL Web ad January 2021
  • Zhono September 2022 Web Ad
  • CET June 2022 Web ad
  • HYB Web banner
  • ITP Web ad January 2021
  • CTS New Ad March 2022
  • ITP Web ad January 2021
  • HYB Web banner
  • PCL Web ad January 2021
  • Zhono September 2022 Web Ad
  • CET June 2022 Web ad

The Recycler, Wittas House, Two Rivers, Station Lane, Witney, OX28 4BH, United Kingdom | Tel: +44 (0) 1993 899800 | Fax : +44 (0) 1993 226899
©2006-2021 The Recycler - Terms & Conditions - Privacy Policy including cookie use

Web design Dorset | Websites by Mark