The VinSmart electronic equipment complex boasts a capacity of up to 23 million products per year, and is testing and manufacturing made-in-Vietnam 5G smartphones.
Vietnam’s smartphone market has seen a number of new names this year, besides Samsung, Oppo and Apple which have been dominant in the market for many years.
Samsung Electronics Co. recaptured the top spot in the Southeast Asian smartphone market in the first quarter of the year by edging out its Chinese rivals, according to a recent Counterpoint Research report.
Vsmart phones now account for 16.7 percent of the Vietnamese smartphone market just 15 months since they were launched by VinSmart, a subsidiary of conglomerate VinGroup.
Indonesia has issued a new regulation requiring all smartphones stamped with a unique international mobile equipment identity (IMEI) to be registered on the government database in an attempt to curb illegal smartphone imports.
The Vietnam ICT Press Club recently announced the top 10 ICT events in 2017. This is the result voted for by more than 50 journalists in the information technology sector, from some 40 media agencies nationwide.
The VIetnam ICT Press Club recently announced the top 10 ICT events in 2017. This is the result voted for by more than 50 journalists in the information technology sector, from some 40 media agencies nationwide.
Around 100 million smartphones will be shipped to Southeast Asian
markets in 2015, according to the International Data Corporation (IDC), representing an annual increase of 21 percent.
Vietnamese technology groups have not given up on a plan to make
Vietnamese-brand smartphones, and have announced plans to make phones
not only for the low-end market segment, as they have traditionally
done, but also for customers who buys phones for 5 million VND (about
236 USD) and under, according to an article published on the English
language news portal VietNamNet Bridge.
Vietnam ranked second among the fastest growing markets for
smartphones in the Southeast Asian Nations (ASEAN) region, owing to the
popularity of 3G (third – generation network) and budget smartphones.
Smartphone sales continue to grow in Southeast Asia, with 18 million
units consumed for nearly 4.2 billion USD in the first quarter of 2014,
representing respective increases of 43 percent and 25 percent over the
same period last year, reports market research company GfK.