Samsung Electronics Announces Withdrawal from Mainland China's Home Appliance Market

On May 6, Samsung (China) Investment Co., Ltd. released a notice on its official website regarding business adjustments to its home appliance products, stating that in response to the rapidly changing market environment, after careful consideration, Samsung Electronics has decided to cease sales of all home appliance products, including televisions and monitors, in the mainland China market. For consumers who have already purchased Samsung home appliance products, the company will continue to provide standard after-sales services in strict accordance with relevant laws and regulations, such as the Consumer Rights Protection Law and the national "Three Guarantees" policy, ensuring that users' legitimate rights and interests remain unaffected.