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Samsung’s Shift Away From China Looked Smart—Then the Coronavirus Hit – The Wall Street Journal

When the novel coronavirus ripped through China earlier this year, Samsung Electronics Co. executives could take solace in a multiyear bet that diversified its smartphone production into Vietnam and India, insulating it somewhat as the world’s supply chain wheezed.

But as the coronavirus took on the proportions of a global pandemic—shuttering schools, businesses and gatherings from South Korea to North America to Europe—the value of that strategy eroded, forcing a re-evaluation of how much diversification can shield businesses…

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