Samsung Joins Long List of Companies Halting Sales in Russia

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Samsung Joins Long List of Companies Halting Sales in Russia

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.

Also Read: Samsung Promises to Stop Slowing Down Galaxy Phones

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.

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The business should also disable Samsung Pay, Samsung Galaxy Store, and the Samsung Shop, according to the vice-PM.

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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Also Read: Samsung Galaxy S22 is One of The Toughest Phones in The World [Video]

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.

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