Samsung

Type
Closure
Country
Germany
Region
Berlin; Berlin; Berlin
Location of affected unit(s)
Oberschöneweide
Sector
Manufacturing
(26 - 27) Manufacture of electrical, electronic and optical products
26 - Manufacture of computer, electronic and optical products
26 - Manufacture of computer, electronic and optical products
750 jobs
Number of planned job losses
Job loss
Announcement Date
21 September 2005
Employment effect (start)
31 December 2005
Foreseen end date
31 December 2005

Description

Samsung, a leading manufacturer of consumer electronics, will close its picture tube factory in Berlin by the end of 2005 as demand for conventional TV's is falling rapidly. Of 800 jobs just 50 will remain.

Sources

  • 22 September 2005: Die Welt

Citation

Eurofound (2005), Samsung, Closure in Germany, factsheet number 62273, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/62273.