Samsung, a South Korean company, is said to have joined the growing list of firms that have halted sales of their goods and services in Russia. Due to Russia’s illegal invasion on Ukraine, the corporation just announced that it will no longer ship to the country.
According to Bloomberg News, Samsung is actively watching the situation and aims to donate approximately $6 million to Ukraine, including $1 million in consumer goods.
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The decision was made after Ukrainian Vice-Prime Minister Mykhailo Fedorov requested that Jong-Hee Han, the CEO of Samsung’s SET subsidiary, halt further shipments to Russia.
The business should also disable Samsung Pay, Samsung Galaxy Store, and the Samsung Shop, according to the vice-PM.
@Samsung, I urge you to take a step towards world peace! As long as Russian tanks and missiles bomb kindergartens and hospitals in Ukraine, your cool equipment cannot be used by Russians! pic.twitter.com/xjOInduclD— Mykhailo Fedorov (@FedorovMykhailo) March 4, 2022
As of Q4 2021, Samsung has a 30% market share in Russia, making it one of the most popular smartphone brands. Samsung also has a television facility in Russia, and the relocation will have an impact on the company’s whole product range, which includes smartphones, processors, and a variety of other goods.
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Following a request from the vice-PM, Apple previously halted all sales. Apps for Russian state-backed media sites were also removed from the App Store, and traffic data for Maps in Ukraine was deactivated. In the midst of the turmoil, Microsoft also halted sales of new products and services in Russia.