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Samsung halts product shipments to Russia

Samsung stopped shipping its products to Russia after the country invaded Ukraine, the company said. Bloomberg News. The tech giant said it was monitoring the “complex situation” and was donating $6 million, including $1 million in consumer electronics, to humanitarian efforts in Ukraine. According to the publication, the suspension of shipments affects all Samsung products, including its smartphones, chips and other consumer electronics.

By stopping all exports of its products to Russia, Samsung joined the growing list of companies that had suspended sales of products and services in the country. Apple halted all product sales in response to the invasion and after receiving a request from Ukrainian Deputy Prime Minister Mykhailo Fedorov. The company also restricted Apple Pay, removed Russian state-backed media apps from its store and disabled traffic data for Maps in Ukraine to avoid putting residents at risk. Microsoft has also suspended all new sales of products and services in Russia.

The Korean tech giant is the country’s top smartphone brand and has a 30% market share, according to data from Counterpoint Research. That’s far more than Apple’s 13% market share in Q4 2021. Additionally, Samsung has a TV factory in Russia, though it’s unclear whether it has halted production in Russia as well. factory.

His decision to halt shipments to Russia comes after Fedorov sent Jong Hee Han, the CEO of Samsung’s SET division, a letter similar to the one he sent to Tim Cook. It called on the Korean tech giant to stop supplying the country with products, as well as to block Samsung Pay, Samsung Galaxy Store and Samsung Shop.

As Bloomberg notes, South Korean smartphones were a exemption export bans recently imposed by the US government. But even if Samsung wanted to continue shipping products to Russia, it would still find it difficult to send products to the country due to the shutdown of airlines and shipping services in the region.

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