Samsung has delayed revealing its position on the conflict between Ukraine and Russia. The company decided to join other tech companies that are turning their backs on Russia. Samsung decided to stop selling its products and services in Russia .

 

The decision was made a day after Ukraine’s deputy minister asked in an open letter to Samsung to stop selling its products in Russia . Mykhail Fedorov’s request prompted a quick response from Samsung, which is recalling its products and services from Russia.

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Samsung decided to join other tech giants such as Apple and Microsoft if HP would stop selling their products to Russia. Samsung has decided to suspend the supply of smartphones, chips and other consumer electronic products .

The company said it is actively monitoring the entire situation. The Korean tech giant is about to donate $6 million for humanitarian aid . An additional $1 million in consumer electronics will be donated to those in need.

Samsung’s withdrawal from Russia is a very important business decision that affects the entire organization. Samsung holds a 30% share of the smartphone market in Russia . This is a result that is twice as good as Apple’s. Sales in the Russian market are responsible for approximately 4% of Samsung’s global revenue from the sale of devices. The manufacturer also owns a factory for the production of televisions in Russia . It is located in Kaluga, less than 200 kilometers from Moscow.

Samsung made the decision voluntarily as South Korea was freed from US sanctions on Russia . So Samsung was able to continue to supply and sell its products without any additional consequences.