iPhone market large enough for existing distributors, new playersVietNamNet Bridge - The demand for iPhones in Vietnam are high, but 40 percent of iPhones sold come from unofficial import sources, leaving room for new distributors. The demand for iPhone is always highA market analysis firm estimated that the Vietnamese mobile phone market was valued at $3.7 billion, or VND82 trillion, in 2017. The retailer said the iPhone market in Vietnam still promises great potential with 40 percent of supply from unofficial import channels and the low number of shops specializing in distributing Apple’s products. Lazada, one of the best known e-commerce websites, has jumped into the iPhone distribution market. A website at batterydown.vn has been set up to which Vietnamese iPhone users can register to join the lawsuit.
Source: VietNamNet News March 09, 2018 01:07 UTC