Vingroup to supply 2m smartphones to US carrier

Vietnamese conglomerate eyes new market with contract manufacturing deal

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Vingroup began producing smartphones in 2018, and now has an annual capacity of about 125 million units. © Reuters

TOMOYA ONISHI, Nikkei staff writer

HANOI -- Vietnam's largest conglomerate, Vingroup, has signed a contract to produce smartphones for a U.S. company, marking the next phase in its aggressive expansion into overseas markets.

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