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Smartphone makers in China skilled loads of hurdles over the previous yr and are on the lookout for different manufacturing and provide chain traces. Xiaomi has now turned its sights to Vietnam and has already delivered its first batch of smartphones made in its new manufacturing facility in Vietnam.
The brand new facility is situated in North Vietnam of the nation and represents an $80 million funding overlaying an space of 200,000 sq. meters. Hong Kong-based DBG Know-how is trusted with the manufacturing.
Xiaomi’s aim is to make use of its new Vietnam facility as a hub for exports into neighboring Southeast Asia nations like Malaysia and Thailand. Xiaomi is second when it comes to market share in Vietnam at 22% and solely trails Samsung (34%). Xiaomi’s different manufacturing hubs are situated in China and India.
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