Samco Electronics LLC
SAMCO Electronics LLC, based in Hooksett, NH, is a company that has recently announced its closure effective September 30th, 2023. The decision to shut down is a result of a decline in new customers and product demand, exacerbated by the COVID pandemic and a significant decrease in household landlines, which have greatly impacted the company's revenues.
Furthermore, SAMCO Electronics has faced challenges in the home monitoring market due to the emergence of numerous new companies and products offering enhanced features at lower costs, making it difficult for SAMCO to remain competitive and sustain its operations.
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