ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Companies

Vietnam's Vingroup to lift phone capacity to 125m with new plant

Hanoi factory also will build devices for US and European brands

Workers assemble Vingroup's Vsmart phones at a factory in Haiphong. A new plant in Hanoi will sharply increase the group's output.   © Reuters

HANOI -- Vietnam's largest conglomerate, Vingroup, starts production in August at a new smartphone factory that will lift its annual capacity to 125 million units by early next year -- about 25 times the current level.

The factory here will produce the company's Vsmart brand phones and provide contract manufacturing services to U.S. and European businesses, local media reported.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more