SamMobile has affiliate and sponsored partnerships. If you buy something through one of these links, we may earn a commission. Learn more.

Samsung stops selling phones, chips and other products to Russia

Business
By 

Last updated: March 5th, 2022 at 09:50 UTC+02:00

A lot of people were waiting on Samsung to take a position on the conflict between Ukraine and Russia. Many of the world’s leading tech companies have decided to suspend sales of their products and services to Russia.

A day after the Vice Prime Minister of Ukraine wrote to Samsung with a request to stop sales, the company has taken a position. It has stopped selling phones, chipsets and other products to the Russian Federation.

Samsung has double the market share of Apple in Russia

Samsung joins the likes of Apple, Microsoft and HP in suspending sales of products to the country. For now, Samsung will not ship any more of its smartphones, chips and other consumer electronics products to Russia.

The company does say that it’s actively monitoring the complex situation. Samsung also says that it’s donating $6 million and an additional $1 million in consumer electronics products to help with humanitarian efforts.

This was a significant business decision for the company. Samsung holds over 30% of Russia’s smartphone market, more than double that of Apple. Sales in the Russian market account for nearly 4% of Samsung’s global revenue from devices. The company also operates a TV production plant in Kaluga, Russia.

Samsung has made this decision voluntarily as South Korea has been granted exemption from US sanctions on Russia. The company could have continued to supply its products to Russia without being impacted by the sanctions.

How it would have got those products to Russia would have been a bigger challenge. The sanctions have effectively choked supply lines into the country. Major air cargo operators, including Korea Air Lines, have suspended cargo services to Moscow. Mulitple sea cargo operators have also said they would not be bringing cargo to the country.

Like other companies, Samsung could resume sales in Russia once the conflict ends and there’s more clarity on the sanctions and other economic measures.

Join SamMobile’s Telegram group and subscribe to our YouTube channel to get instant news updates and in-depth reviews of Samsung devices. You can also subscribe to get updates from us on Google News and follow us on Twitter.

Business Russia
Load 1 comments

You might also like

Galaxy M33 joins Samsung flagships in getting the May 2022 security pa …

The May 2022 security patch went live last week, and so far, Samsung has made the patch available to a variety …

  • By Mihai Matei
  • 2 months ago

Galaxy A51 is getting the April 2022 security patch

Yet another Samsung phone is being updated with the latest security patch. Which one? It’s the Galaxy A5 …

  • By Mihai Matei
  • 2 months ago

Samsung temporarily suspends the operation of its TV factory in Russia

In light of the ongoing Russia-Ukraine war, Samsung has temporarily suspended the operation of its TV factory …

  • By Sagar Naresh
  • 3 months ago

[Statement Samsung] Samsung silent as Ukraine asks it to stop selling …

The conflict between Ukraine and Russia continues with no end in sight. The US and the European Union, in addi …

  • By Adnan Farooqui
  • 4 months ago

The 5G budget phone market will soon offer the Galaxy F23 and M33

With the Galaxy S21 FE and the S22 flagship series official, Samsung can now turn its attention back to other …

  • By Mihai Matei
  • 4 months ago

Five upcoming Galaxy A (2022) series phones have been approved by Russ …

A handful of mid-range Samsung phones belonging to the Galaxy A 2022 series have been approved recently by Rus …

  • By Mihai Matei
  • 5 months ago