[ad_1]
Register now for FREE limitless entry to Reuters.com
HANOI, July 7 (Reuters) – China’s Xiaomi Corp (1810.HK) has produced its first batch of smartphones in Vietnam, the corporate stated on Thursday, because it seeks to broaden its foothold in Southeast Asia.
The units have been produced at a manufacturing unit within the province of Thai Nguyen, north of the capital Hanoi, the corporate stated in an emailed assertion. The plant is operated by Xiaomi’s associate, DBG Expertise (300735.SZ).
Vietnam has lately grow to be a regional manufacturing hub for international electronics makers. The export worth of smartphones from the nation, principally produced by Samsung Electronics, rose 12.4% final yr to $57.5 billion.
Xiaomi stated the primary batch of its smartphones made in Vietnam had been despatched to a neighborhood distributor, including it might quickly export smartphones to different Southeast Asian markets, together with Malaysia and Thailand.
The corporate didn’t present additional particulars on its manufacturing capability in Vietnam.
Register now for FREE limitless entry to Reuters.com
Reporting by Khanh Vu
Enhancing by Ed Davies
Our Requirements: The Thomson Reuters Belief Rules.
[ad_2]
Source link