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Update news BPhone
BKAV’s CEO Nguyen Tu Quang is inviting fans of BPhone, a flagship product of the group, to invest in the group, promising a high interest rate of 10 percent and money equal to the principal.
BKAV Electronics, a subsidiary of BKAV, will stop operation and merge with the holding company. However, BKAV said this won’t affect the group’s plan to develop smartphones.
Mobiistar, Vsmart and Bphone in recent years have been trying to enter the world market, but their stories and results have varied.
Nguyen Tu Quang, CEO of Bach Khoa Corporation (BKAV), the manufacturer of BPhone, said BPhone is being attacked by ‘people who receive money from foreign brands’.
After a lot of failed efforts, Vietnam’s smartphone products now have a great opportunity to return to the market.
BKAV's smartphone Bphone B86 failed to reach Google's Play Protect certificate due to Google's demand that at least a million devices be sold each year.
Bkav Technology Group officially launched their latest series of Bphones in Hanoi on May 10, including the Bphone B40, B60, B86, and B86s models, the latest high-end smartphones which have been locally produced by the company.
Analysts believe that an agreement between Viettel, a mobile network operator, and Vsmart, a mobile phone manufacturer, could drive Chinese smartphones into a corner.
With reasonable selling prices and Vietnamese brand, Vsmart’s products are capable of dislodging Chinese brands from the Vietnamese market.
Apple and Samsung are now controlling the high-end smartphone market segments. Other brands have disappeared.
The competition in the mid-end smartphone market segment is the most cutthroat, with the Galaxy A50 the trump card for Samsung to beat rivals.
VietNamNet Bridge - 2018 was an eventful year for Vietnam’s mobile phone manufacturing industry.
VietNamNet Bridge - Nguyen Tu Quang, CEO of BKAV, the manufacturer of BPhone, said making phones is like making pho (a traditional dish of Vietnam).
VietNamNet Bridge - Lesser known and new smartphone brands have been making every effort to increase their presence in Vietnam. However, analysts believe they are not strong enough to change the market.
VietNamNet Bridge - Vietnamese businesses are still pursuing ambitious plans to make mobile phones and compete with foreign giants in the home market.
Technology fans were excited to see the images of BPhone 3, or the third-generation BPhone, a made-in-Vietnam product, appearing on 2018 World Cup ads.
VietNamNet Bridge - Vietnamese spend billions of dollars on smartphones, but they don’t spend money on locally branded products.
Though Vietnamese users’ awareness about information security has improved, they remain vulnerable when using Facebook, according to BKAV Corporation’s vice president Ngo Tuan Anh.
BKAV Corporation has delayed its plan to launch a new generation of BPhone models until mid-year when a series of versions for different market segments will be introduced.
BPhone 2 was introduced by BKAV Corporation on August 8 and officially hit the market on August 19 with the retail price of nearly VND10 million. Just one month later, used BPhone 2s were being offered for less than VND8 million.