Samsung Shifting Handset Production to Vietnam
Published on: 22nd Jan 2014
Note -- this news article is more than a year old.
Samsung is expected to shift around 80 percent of its handset production to Vietnam after a new factory opens in the country next month. The shift will take place in phased, but the 80% mark is expected to take place after 2015.
Citing supply-chain sources, Taiwan's DigiTimes also noted that local suppliers are not expecting significant component orders from Samsung this year as the company relies more on Chinese vendors.
The sources added that they believe Samsung will exert more efforts to develop entry-level mobile devices this year as it increasingly targets the developing markets, where companies such as Nokia are still strong.
In addition to entry-level smartphones, Samsung is also expected to release more entry-level tablets.
On the web: DigiTimes