Is Xiaomi setting up an assembly factory in Vietnam?

Xiaomi Vietnam has not issued a comment on the news reported by some local press agencies that it is building an assembly factory in Vietnam.

Is Xiaomi setting up an assembly factory in Vietnam?

A report from BaoViet Securities cited Digiworld, a large mobile phone distributor, as saying that Xiaomi is joining forces with a partner to build a factory that will assemble Xiaomi phones in the northern city of Hai Phong and that construction is expected to be completed by June 2021.

A representative of Xiaomi in Vietnam, whom VietNamNet contacted, declined to comment.

Meanwhile, Digiworld, when elaborating on the news, said a partner of the company wants to set up a factory in Vietnam, as many manufacturers want to relocate their production bases to Vietnam.

The website of BaoViet Securities noted a report about Digiworld related to Xiaomi on February 27. The report was not available for reading as of February 28. However, a source said the updated report did not name Xiaomi when mentioning the deal.

Xiaomi products in Vietnam have been exclusively distributed by Digiworld, one of the four largest distributors of technology products in Vietnam.

The world’s large mobile phone and hi-tech product manufacturers, including Samsung, LG, Canon and Intel, have set up their production facilities worth billions of dollars in Vietnam.

These include Samsung with S-series, high-end Note series and products in other market segments for Vietnamese and world markets.

Most recently, Foxconn, a partner of Apple, made an investment to expand its factory in Bac Ninh and Bac Giang provinces in the north. Analysts believe that the move was done to ease reliance on factories in China.

 

Luxshare, the Chinese partner which makes Airpod earphones for Apple, is also considering setting up a plant in Vietnam.

If Xiaomi sets up a phone assembly factory in Vietnam as reported, it would become the first Chinese mobile phone manufacturer to have a manufacturing facility here. This would make Xiaomi the second international brand to assemble smartphones in Vietnam. The first was Samsung.

In related news, Xiaomi has introduced Mi 11, its highest-end model in Vietnam. The smartphone is equipped with latest-generation Snapdragon 888, 108 MP camera and AMOLED 120 Hz screen.

The model offers super-fast charging mode, which can become fully charged after 45 minutes for wired charging and 53 minutes for wireless charging.

Mi 11 8GB/256KB is priced at VND21.99 million.

The US has added Xiaomi to the US military list under the National Defense Authorization Act of 1999 which is expected to pose challenges for Xiaomi this year. 

Hai Dang

Making cars and smartphones, Vietnam moves to top ASEAN countries

Making cars and smartphones, Vietnam moves to top ASEAN countries

Vietnam’s industry has seen the fastest upward movement in ranking in global competitiveness among Southeast Asian countries, coming closer to the top 4 ASEAN countries.

Apple speeds up output shift of iPhones and iPads in Vietnam

Apple speeds up output shift of iPhones and iPads in Vietnam

Apple is accelerating the production of iPhones, iPads, Macs, and other products in India and Vietnam in an effort to diversify its supply chain outside of China.

 
 

Other News

.
EU carbon tax plan compels local suppliers to step up
EU carbon tax plan compels local suppliers to step up
SCI-TECH & ENVIRONMENTicon  25/03/2021 

Vietnamese manufacturing exporters will be under pressure to invest in greener solutions once the European Union adopts a resolution on placing a carbon tax on some products from outside the bloc that do not meet decarbonisation standards.

Vietnam takes drastic measures to clean up toxic content on social media: official
Vietnam takes drastic measures to clean up toxic content on social media: official
SCI-TECH & ENVIRONMENTicon  24/03/2021 

Popular Vietnamese TikTok user Tho Nguyen recently caused outrage online by posting videos about Kuman Thong dolls online, asking the dolls to bless her studies after "receiving many requests from children".

Mobile phone users protected from spam calls
Mobile phone users protected from spam calls
SCI-TECH & ENVIRONMENTicon  24/03/2021 

Vietnam’s telecom carriers stopped more than 22,000 spam calls in the first two months of this year.

Will Vietnam launch satellites like Elon Musk’s Startlink?
Will Vietnam launch satellites like Elon Musk’s Startlink?
SCI-TECH & ENVIRONMENTicon  23/03/2021 

A telecom carrier said launching a satellite would assess the efficiency of a satellite-internet business model. If it is done, Vietnam would use satellite constellation technology, a growing trend.

Mountain of waste in Thai Nguyen: environment department says it was never informed
Mountain of waste in Thai Nguyen: environment department says it was never informed
SCI-TECH & ENVIRONMENTicon  22/03/2021 

Deputy director of the Thai Nguyen Department of Natural Resources and the Environment Nguyen The Giang said the department was not informed about the amount of furnace dust left at Tisco.

Vietnamese bet on Alice cryptocurrency tokens
Vietnamese bet on Alice cryptocurrency tokens
SCI-TECH & ENVIRONMENTicon  23/03/2021 

Appearing on March 15, Alice tokens have created a fever in the market with the starting price of $16, catching the attention of Vietnamese cryptocurrency investors.

Female scientist dreams of reviving contaminated land
Female scientist dreams of reviving contaminated land
FEATUREicon  23/03/2021 

The image of a boy with shining eyes and crippled limbs damaged by Agent Orange prompted Ngo Thi Thuy Huong, born in 1974, "to do something" to revive contaminated land in Vietnam.

Only three Hoan Kiem turtles identified globally
Only three Hoan Kiem turtles identified globally
SCI-TECH & ENVIRONMENTicon  22/03/2021 

Scientists have identified three Hoan Kiem turtles (Rafetus swinhoei) in the world today, including two in Vietnam and one in China.

Coral population remains well protected off Cham Island
Coral population remains well protected off Cham Island
SCI-TECH & ENVIRONMENTicon  23/03/2021 

Coral reefs off Cham Island have been well conserved with an average coverage of 59.16 per cent at seven sites following an annual reef check and coral clean-up programme.

Actions needed to combat illegal trade of ivory and wildlife in Vietnam: WWF
Actions needed to combat illegal trade of ivory and wildlife in Vietnam: WWF
SCI-TECH & ENVIRONMENTicon  22/03/2021 

A survey of nearly 600 Chinese tourists who visited Vietnam showed that 17 per cent of them visited ivory shops during their visit and an estimated 2 per cent bought ivory products with an average spend of VND12 million (US$522).

Digital transformation a core factor in growth
Digital transformation a core factor in growth
SCI-TECH & ENVIRONMENTicon  22/03/2021 

Digital transformation is regarded as a core factor in Vietnam’s comprehensive growth, given the country is now embarking on the 2021-2030 socio-economic development strategy.

Misleading YouTube content has serious repercussions on children
Misleading YouTube content has serious repercussions on children
FEATUREicon  22/03/2021 

Though YouTube was not initially designed for kids, some current content is warping young minds, raising alarm.

Vietnam strives to control and forecast changes in air quality by 2025
Vietnam strives to control and forecast changes in air quality by 2025
SCI-TECH & ENVIRONMENTicon  21/03/2021 

The nation’s target of forecasting changes in air quality is mentioned in the plan put forward by the Ministry of Natural Resources and Environment.

Move ahead of others and do new things to change national ranking: minister
Move ahead of others and do new things to change national ranking: minister
FEATUREicon  20/03/2021 

Only moving ahead of developed countries in terms of new things can we hope to change the national ranking. The Fourth Industrial Revolution is a revolution about who will dare to take the lead.

Human resources: key to digital transformation success
Human resources: key to digital transformation success
SCI-TECH & ENVIRONMENTicon  20/03/2021 

The Covid-19 pandemic has forced businesses to step up digital transformation. Preparing human resources is the decisive factor that will determine the success of the process.

Tons of hazardous waste left uncovered in Thai Nguyen province
Tons of hazardous waste left uncovered in Thai Nguyen province
SCI-TECH & ENVIRONMENTicon  20/03/2021 

Thousands of tons of furnace dust at the Thai Nguyen Iron and Steel JSC (Tisco) have been left uncovered outdoors in central Thai Nguyen province.

Young woman devotes career to wildlife protection
Young woman devotes career to wildlife protection
SCI-TECH & ENVIRONMENTicon  20/03/2021 

Studying in the UK, Nguyen Ngoc Nhu Thao had many opportunities to choose a job with a high salary. She, however, decided to go to Africa to take part in wildlife protection programmes and returned to Vietnam with many dreams.

Opportunities for Vietnam to become a developed country by 2045
Opportunities for Vietnam to become a developed country by 2045
FEATUREicon  19/03/2021 

The challenges posed by innovation are huge, but offer an opportunity for Vietnam to become a developed country by 2045.

Vietnamese IP addresses in botnets on the decrease
Vietnamese IP addresses in botnets on the decrease
SCI-TECH & ENVIRONMENTicon  19/03/2021 

From late 2020 to the end of February 2021, the number of Vietnam’s IP addresses in botnets decreased by another 1 million to 917,492.

Vietnam’s next-generation social networks seek new approach
Vietnam’s next-generation social networks seek new approach
FEATUREicon  19/03/2021 

The next-generation social networks of Vietnam need to be products of the third internet wave, with a commitment to share benefits with users and develop together for users’ benefit.

 
 
 
Leave your comment on an article

OR QUICK LOGIN