At the 2024 Beijing International Automotive Exhibition this April, Samsung Electronics made waves 📣 by pledging to ramp up its presence in the Chinese market. The tech giant, known for its cutting-edge gadgets 📱, isn't just stopping at smartphones!
Over the past few years, Samsung has poured a whopping $24 billion 💰 into China and has sourced products worth more than $16.5 billion from over 3,000 local suppliers between 2018 and 2022. That's some serious commitment! 🤝
\"We've deeply integrated into the Chinese market and are super optimistic about China's economic growth potential 🚀,\" said Geol Yang, president of Samsung Electronics China. He also felt China's strong determination to open up and welcome foreign investment. Sounds like a win-win to us! 🌟
But wait, there's more! When Chinese Premier Li Qiang met with Samsung's chairman, Lee Jae-yong, in Seoul on Sunday, he praised Samsung's collaboration with China as \"a vivid epitome of mutual benefit cooperation and development between China and the Republic of Korea (ROK).\" Talk about major props! 🙌
This high-profile meetup happened just before the ninth trilateral summit between China, Japan, and the ROK on Monday. After a break of about four and a half years, this summit is expected to be a game-changer 🎮 in strengthening cooperation among the three Asian powerhouses.
So, what does all this mean? For one, it's a sign of renewed energy and collaboration in East Asia 🌏. With tech leaders like Samsung betting big on China's future and leaders pushing for stronger ties, the possibilities are endless. Stay tuned, folks! 🎧
Reference(s):
cgtn.com
