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Samsung Electronics to Move PC Operations to China

by - source: Tom's Hardware

South Korea’s Samsung Electronics Co Ltd, the world’s biggest memory chip maker, said on Friday it planned to move most of its personal computer manufacturing operations in Korea to China by 2005 to slash costs. "Rising labor costs have been biting into profits of companies operating in South Korea and keeping foreign investors away, analysts say, fanning fears the trend would hurt Asia’s fourth-largest economy in the longer run."

Story from Reuters

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