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Update news Xiaomi
The images of managers of Xiaomi and The Gioi Di Dong (Mobile World) shaking hands at a cooperation agreement signing ceremony appeared recently in many local newspapers.
China-based electronics company Xiaomi has made investments into manufacturing smartphone components in Vietnam as part of its plan to compete against market leader Samsung of the Republic of Korea (RoK).
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.
The strong rise of Vietnamese-made smartphones is expected to slow the massive influx of Chinese imports.
VietNamNet Bridge - Chinese mobile phone brands only had to spend five years to grab a high market share in the Vietnamese mobile phone market.
The eye-catching positions at mobile phone shops in Hanoi and HCM City are now reserved for Oppo, Huawei and Vivo products, next to the areas reserved for the bestsellers of Samsung and Apple.
Officially setting foot in the Vietnamese market two months ago, in mid-March, Xiaomi was expected to bring to Vietnamese users high-quality products with suitable models and reasonable prices.
Xiaomi, the Chinese technology startup, and Digiworld, its partner in Vietnam, have declined to reveal how long they will cooperate, but sources said the contract they signed would last two years.
VietNamNet Bridge - Vietnamese are now tending to choose high-end smartphone models instead of cheaper Chinese phones Huawei, Vivo and Xiaomi.
VietNamNet Bridge - Low-priced Chinese smartphone models have become more popular in the Vietnamese market.
VietNamNet Bridge – Many people have become more vigilant about their mobile devices sourced from China after hearing that the devices may contain spyware.