Xiaomi turns to Vietnam for smartphone production

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Xiaomi turns to Vietnam for smartphone production

Smartphone manufacturers in China experienced a lot of obstacles over the previous year and also are trying to find alternate manufacturing and also supply chain lines. Xiaomi has actually currently transformed its views to Vietnam and also has actually currently provided its very first set of smart devices made in its brand-new manufacturing center in Vietnam.

The brand-new center lies in North Vietnam of the nation and also stands for an $80 million financial investment covering a location of 200,000 square meters. Hong Kong-based DBG Technology is relied on with the manufacturing.

Xiaomis objective is to utilize its brand-new Vietnam center as a center for exports right into bordering Southeast Asia nations like Malaysia and also Thailand. Xiaomi is 2nd in regards to market share in Vietnam at 22% and also just routes Samsung (34%). Xiaomis various other producing centers lie in China and also India.

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