Xiaomi has confirmed that it produces mobile phones in Vietnam and competes with Samsung in the mobile phone market!

In addition to its huge investment in the domestic market, Xiaomi has also opened up the mobile phone market in other countries in recent years. Recently, it was reported that Xiaomi has set up a factory in Vietnam to officially produce mobile phones. This news has also been officially recognized by Xiaomi. So what exactly is the situation? Now let the mouse lead you to see the relevant content!

According to media reports, Xiaomi has started to produce smartphones in Vietnam. Previously, it mainly produced smartphones in China and India. Xiaomi hopes to establish a foothold in the growth market in order to catch up with Samsung Electronics of South Korea, which has the largest sales share.

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According to the report, Xiaomi has started to produce smart phones in Vietnam, which are manufactured by the OEM factory of DBG Technology (Guanghong Technology). The factory covers an overall area of about 200000 square meters, with an investment of about 80 million dollars (about 537 million yuan). In addition to Vietnam, millet will also be exported to Malaysia, Thailand and other Southeast Asian regions. The products will not only include smart phones, but also data transmission equipment, circuit boards and other components. According to statistics, in Vietnam's smartphone market, Xiaomi's market share from January to March was only second to Samsung (34%), reaching 22%.

In Vietnam, the labor price cost is very low in recent years. Xiaomi's decision to enter the Vietnam market is relatively correct, and it can also provide a lot of employment opportunities for Vietnam. For the time being, Xiaomi is still inferior to Samsung, but it is not impossible for Xiaomi to surpass Samsung when it develops.