Samsung eyes exit from China TV, appliance sales to focus on US

South Korean group struggles to compete on price with Chinese brands

Samsung has been battered by the rise of Chinese TV and appliance makers. (Photo by Nikkei)

SEOUL -- Samsung Electronics is poised to withdraw from China's home appliance and television market this year, people familiar with the matter said, as rising competition there pushes the South Korean group to focus on its strong U.S. business.