Samsung has initiated early-stage discussions pinch Dixon Technologies and Bhagwati Products (Micromax) to research relocating immoderate of its manufacturing operations presently based successful Vietnam.
South Korean electronics elephantine Samsung is evaluating a imaginable displacement of a information of its smartphone and user electronics accumulation from Vietnam to India, successful an effort to hedge against nan consequence of imaginable US tariffs connected Vietnamese exports, Moneycontrol has reported.
According to nan report, nan institution has initiated early-stage discussions pinch Indian statement manufacturers specified arsenic Dixon Technologies and Bhagwati Products (Micromax) to research relocating immoderate of its manufacturing operations presently based successful Vietnam.
"Yes, talks person begun pinch Indian EMS [electronic manufacturing services] players, including their existing partners. Not conscionable Samsung, each different companies pinch a guidelines successful Vietnam are exploring possibilities to displacement immoderate accumulation to India,” a root acquainted pinch nan matter told Moneycontrol connected information of anonymity. “Samsung and partners are discussing accumulation adjustments successful favour of India.”
While Vietnam presently serves arsenic Samsung’s cardinal world accumulation hub, rising waste and acquisition tensions person prompted nan institution to see India arsenic a strategical alternative, peculiarly for exports to nan US, its second-largest marketplace globally.
Samsung isn't nan only smartphone shaper looking towards India for its manufacturing. Earlier this week, it was besides reported that Google is looking to move its manufacturing from Vietnam to India arsenic well, amid imaginable threats of Trump's tariffs driving up nan value of smartphones.
Currently, Pixel smartphones made successful India are mostly intended for nan home market, wherever import duties guidelines astatine 16.5%. The devices are assembled by Dixon successful Noida and by Foxconn successful Tamil Nadu, pinch nan erstwhile producing newer models and nan second focusing connected older ones.
Dixon accounts for astir 70% of nan Pixels made successful India, while Foxconn was nan first to statesman accumulation present successful August 2023.
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Published on: Apr 25, 2025 11:31 AM IST