Fierce battle in the market segment for cheap smartphonesVietNamNet Bridge – Oppo and Samsung are dominating the cheap smartphone segment (priced less than VND4 million or $180), which previously belonged to Nokia and other big names. While the high-end segment is a race between Samsung and Apple, the low price segment is becoming increasingly more intense. Not only cellphones priced VND4 million, most of the models of Oppo and Samsung are taking the lead among the best-selling products on the market. For products under VND4 million ($180), smartphones are increasingly abundant, gradually replacing basic cell phones, with the appearance of new names, threatening the balance for years. In the first 5 months of 2016, 5.8 million phones were sold.

Source: VietNamNet News July 27, 2016 01:30 UTC