US EditionSamsung Electronics to shut down TV plant in Slovakia: sources
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Samsung Electronics to shut down TV plant in Slovakia: sources
Samsung Electronics Co. will shut down its TV production plant in Slovakia, industry sources said Thursday. The facility in Galanta will close in May, ending 24 years of operations, as the South Korean tech giant moves to improve operational efficiency. The decision is seen as a response to prolonged low growth in the global TV market and intensifying competition. Sources also said high energy prices in Slovakia, along with rising production cos…
Samsung Electronics Closes Slovakia TV Factory to Streamline Finished Product Business Samsung Electronics has decided to close its factory in Slovakia, one of its European TV production bases, 24 years after its establishment. According to industry sources on the 19th, Samsung Electronics decided to close the Galanta TV factory in Slovakia and has commenced related operations. Factory Operations
According to South Korean media reports citing industry sources, Samsung intends to completely cease production of television products at its Galanta, Slovakia, facility by the end of May 2026. Image: Samsung. The facility, which has been operating since 2002, currently employs approximately 700 specialists. The tech giant plans to systematically reduce its workforce, promising to assist staff with future employment. However,... The post Samsung…
Samsung to shut down its last TV factory in Slovakia after 24 years
It’s been eight years since Samsung shut down one of its two TV factories in Slovakia. Now, in 2026, the company is set to close its second and final TV production facility in the country. According to Korean media citing industry sources, Samsung will cease all TV production in Slovakia by the end of May. In the meantime, the company plans to gradually reduce its workforce. The factory in Galanta has been producing TVs since 2002 and currentl…
Samsung Closes the Slovakian TV Factory Operated Since 2002
Samsung Electronics’ Slovakian TV factory. (Photo courtesy of Samsung Electronics) Samsung Electronics is closing its factory in Slovakia, a key European TV production hub that has been in operation for 24 years. The closure is analyzed as a move to focus on restoring profitability this year through production efficiency, as the slump in the global TV market intensifies. According to industry sources on March 19, it has been confirmed that Samsu…
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