Samsung suspends the sale of its devices in Russia and will donate more than 6 million dollars in support of Ukraine

Samsung suspends the sale of its devices in Russia and will donate more than 6 million dollars in support of Ukraine

This represents a serious blow to Russia, since the South Korean company is the main marketer of smartphones in this country.
This represents a serious blow to Russia, since the South Korean company is the main marketer of smartphones in this country.

At a time when different companies from different nations have begun to impose serious restrictions, or outright, have cut trade ties with Russia due to this country’s invasion of Ukraine Samsung adds its voice and announces the suspension of all shipments of its products to the Eurasian nation. 

After being expelled by FIFA, thus being left out of the World Cup, and after the constant sanctions that countries like the United States, Germany, France and Italy (among many others) have imposed on Russia, the suspension of Samsung shipments It might seem like a trivial matter, although the truth is that it is quite the opposite, because, according to Bloomberg News, the South Korean company is the largest distributor of smartphones in this country.

Samsung controls just over 30 percent of the smartphone market share in Russia, accounting for 4 percent of the South Korean company’s total mobile revenue. But Samsung has not been daunted by this, and has shown its support for Ukraine by donating more than 6 million dollars, of which 1 million will be consumer electronics.

This comes after Mykhailo Fedorov, Ukraine’s Deputy Prime Minister and Minister of Digital Transformation, asked Han Jong-hee, Samsung’s vice president, to suspend the supply of services and products in Russia on March 4.

And you, what do you think of Samsung’s decision to suspend the sale of its equipment in Russia?

Melissa Galbraith
Melissa Galbraith is the World News reporter for Globe Live Media. She covers all the major events happening around the World. From Europe to Americas, from Asia to Antarctica, Melissa covers it all. Never miss another Major World Event by bookmarking her author page right here.