Vingroup starts construction of smartphone plant in Hanoi

Thursday 13 June 2019 | 07:55 CET | News
Vingroup acquired a 51 percent stake in Spain-based Mundo Reader, the company behind Spanish handset manufacturer BQ, in December 2018. Vingroup then said it would be able to produce around 5 million devices a year at its Haiphong plant and that BQ's experts were already helping in product development. BQ earlier set up a development plant with Vingroup in Vietnam with a production capacity of some 20,000 units per day, following an investment of more than EUR 30 million.

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Categories: Mobile & Wireless
Companies: VinSmart
Countries: Vietnam
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