Samsung Suspends Shipments To Russia: Russia-Ukraine War
Samsung Electronics has suspended shipments to Russia "due to current geopolitical developments." In addition, the company will donate $6 million to support humanitarian efforts around the region. Moreover, Samsung Electronics is No. 1 in handsets in Russia with a 30% market share as of 2021. Notably, Brands such as Apple, Nike, and IKEA stopped sales in Russia after the country declared war on Ukraine.