Việt Nam remains world's second largest smartphone exporter - News Summed Up

Việt Nam remains world's second largest smartphone exporter


HÀ NỘI — Việt Nam has remained the world's second largest smartphone exporter. By 2022, Việt Nam’s export share reached 12 per cent on the global smartphone market, while India, a rival of Việt Nam in this market, ranked seventh with a little over 2.5 per cent export share, thehindu.com reported. According to an HSBC report, Việt Nam held 13 per cent of the global smartphone market share in 2021, being the second-largest smartphone exporter in the world. Việt Nam now is also an attractive destination for big firms in the global phone and component industry, including Apple. At present, about 25 suppliers of Apple locate their factories in Việt Nam, vtv.vn reported.


Source: The Hindu March 11, 2024 06:03 UTC



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