Electronics Samsung caught between rock and a hard place on Russia
Withdrawing would risk losing smartphone lead to China after years of investment
Samsung renamed phones including the Galaxy Z Flip in some markets after the letter "Z" became associated with support for the invasion of Ukraine. © Reuters
KOTARO HOSOKAWA, Nikkei staff writer
SEOUL -- Even as multinational companies have flooded out of Russia in response to the war in Ukraine, Samsung Electronics has yet to take a clear stance on the matter, fearing it could lose some substantial smartphone and television market share to Chinese rivals.