Friday, March 29, 2024
News

Xiaomi shifts to Vietnam for smartphone production

   SocialTwist Tell-a-Friend    Print this Page   COMMENT

Beijing | July 6, 2022 9:57:01 AM IST
China's smartphone manufacturers have faced several challenges in the previous year and are searching for alternate supply chain and production methods.

According to GSM Arena, the first batch of smartphones produced at Xiaomi's new production plant in Vietnam has already been delivered. The company has now shifted its attention to Vietnam.

The new building, which is 200,000 square metres in size and represents an investment of USD80 million, is situated in North Vietnam. The production is trusted to DBG Technology, situated in Hong Kong.

The objective of Xiaomi is to use its new plant in Vietnam as a centre for exports into nearby Southeast Asian nations like Malaysia and Thailand. With a market share of 22 per cent in Vietnam, Xiaomi is only surpassed by Samsung (34 per cent), as reported by GSM Arena.

Other Xiaomi manufacturing facilities are situated in China and India. (ANI)

 
  LATEST COMMENTS (0)
POST YOUR COMMENT
Comments Not Available
 
POST YOUR COMMENT
 
 
TRENDING TOPICS
 
 
CITY NEWS
MORE CITIES
 
 
INDIA WORLD ASIA
'My father was being given slow poison; ...
Chennai: Three dead after false ceiling ...
Jailed gangster-turned-politician Mukhta...
Eknath Shinde's Shiv Sena releases first...
Uttar Pradesh: Security tightened in Ali...
'A closed chapter now...': BJP leader Di...
More...    
 
 Top Stories
Columbia expels Argentina's diploma... 
Bunker demand surges in Sri Lankan ... 
Allu Arjun unveils his wax statue a... 
Elena Rybakina fends off Victoria A... 
Danielle Collins downs Ekaterina Al... 
"Absolutely baseless": Former UP DG... 
Grigor Dimitrov ousts top-seeded Ca... 
Telangana: Fire breaks out at vehic...