Samsung halts product shipments to Russia

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Samsung has stopped transport its merchandise to Russia following the nation’s invasion of Ukraine, the company informed Bloomberg News. The tech large mentioned it is monitoring the “complex situation,” and that it is donating $6 million, which incorporates $1 million value of shopper electronics, to humanitarian efforts in Ukraine. According to the publication, the cargo suspension impacts all Samsung merchandise, together with its smartphones, chips and different shopper digital units. 

By halting all exports of its merchandise to Russia, Samsung has joined the rising record of corporations that had paused gross sales of services within the nation. Apple halted all product gross sales in response to the invasion and after receiving a request from Ukrainian Vice Prime Minister Mykhailo Fedorov. The company additionally restricted Apple Pay, pulled the apps for Russian state-backed media retailers from its retailer and disabled visitors information for Maps in Ukraine to keep away from placing residents at risk. Microsoft suspended all new gross sales of services in Russia, as properly. 

The Korean tech large is the highest smartphone model within the nation and has a 30 percent market share, in accordance to Counterpoint Research information. That’s a lot greater than Apple’s 13 p.c market share, as of the fourth quarter of 2021. In addition, Samsung has a TV plant in Russia, although it is unclear if it has additionally stopped manufacturing within the manufacturing facility.

Its resolution to halt shipments to Russia comes after Fedorov despatched Jong Hee Han, the CEO for Samsung’s SET division, a letter related to what he despatched Tim Cook. In it, he requested the Korean tech large to cease supplying the nation with its merchandise, in addition to to block Samsung Pay, Samsung Galaxy Store and Samsung Shop.

@Samsung, I urge you to take a step in direction of world peace! As lengthy as Russian tanks and missiles bomb kindergartens and hospitals in Ukraine, your cool gear can’t be utilized by Russians! pic.twitter.com/xjOInduclD

— Mykhailo Fedorov (@FedorovMykhailo) March 4, 2022

As Bloomberg notes, South Korean smartphones had been an exemption to the export bans just lately imposed by the US authorities. But even when Samsung did need to proceed transport merchandise to Russia, it might have a tough time sending merchandise to the nation anyway due to airways and transport providers halting their actions within the area.

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