In light of Circuit City’s bankruptcy filing Monday, a major electronics brand is reportedly giving thought to pulling out of the store.
According to a report in the Korea Times newspaper in South Korea, Samsung is giving consideration to “cutting its supplier-vendor relationship” with the troubled retailer. Citing a high-ranking industry source, the newspaper said the company plans to meet with Circuit City officials and is “reviewing the situation.”
Other major vendors, according to the paper, may not be far behind.
Meanwhile, a report on the New York Times’ Bits blog Monday found concern among electronics manufacturers about the situation, with one tech CEO “quite worried” about Circuit City’s potential demise.
