Samsung poised to benefit from China virus woes afflicting Apple, other rivals

SEOUL (Reuters) - Samsung Electronics stands to be a major beneficiary of the China production problems announced by rival Apple Inc on Monday, reaping the rewards of a decade-long bet on low-cost smartphone manufacturing in Vietnam.Half of Samsung's smartphones are now made in Vietnam, where the coronavirus that has crippled the China operations of Apple and many other firms has so far had only a limited impact on its production. Apple said on Monday it would not meet its revenue guidance..