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VERTU, the world’s premier luxury mobile phone brand, has unveiled its strategic plan to establish duty-free stores worldwide. Following the recent opening of their duty-free store in Sanya, VERTU is set to revolutionize the duty-free shopping experience for…
Apple’s MacBook Pro laptops have seen their prices tumble by tens of millions of dong (VND1 million = $42.6) in the two months amid underwhelming demand. Quy Thien, a video editor, said when the MacBook Pro 16-inch was released in Vietnam at the end of March,…
Vietnam accounted for 10% of semiconductor chip exports to the U.S. in the 12 months ending this February, ranking third after Malaysia and Taiwan. The Vietnam chip industry’s revenue from the U.S. market rose by 74.9% during the period, from $321.7 million…
Electronics retailers have cut laptop prices by millions of dong (VND 1 million = $42.62) this year, but have been unable to spur sales as consumers remain wary of spending. The price of a MacBook Air M1 was cut by VND3 million since early January to VND17.9…
iPhone imports cost Vietnam US$1.61 billion last year, equivalent to 46% of all phone imports. According to the Ministry of Industry and Trade, total imports were up 10.5% to $3.5 billion, with Samsung, Oppo, and Xiaomi accounting for most of the rest.…
Apple supplier Quanta Computer plans to set up a factory in northern Vietnam, the Vietnamese government said. The company, a MacBook contract manufacturer, on Friday signed an agreement with the authorities of Nam Dinh Province, 90 km (56 miles) south of…
A guest holds the new iPhone 14 at an Apple event at their headquarters in Cupertino, California, U.S. September 7, 2022. Photo by Reuters The prices of iPhone 14 in Vietnam, which are already among the lowest in the world, will continue decreasing in the…
Vietnamese electronics retailers are buying back the Galaxy Z Fold, which sold for VND50 million (US$2.092) when it was launched in 2019, at an 88% reduction from the original price. Ever since Samsung’s new Galaxy S23 went on sale in Vietnam on Feb. 17,…
Taiwan Semiconductor Manufacturing Co. Ltd., better known as TSMC, is the world’s largest foundry. Only TSMC and Samsung currently mass-produce chips using their respective 3nm process nodes (which use different types of transistors, as we will explain…
Low demand has driven iPhone 14 prices in Vietnam to the second lowest levels in the world after only the U.S. According to German data portal Statista, the price starts at US$799 in the U.S. while authorized Apple resellers in Vietnam sell it at VND19.7…
Samsung Vietnam exported $65 billion worth of products last year, down 0.8% from 2021. The company’s exports accounted for nearly 9% of Vietnam’s total trade turnover of $700 billion last year, Deputy Prime Minister Le Minh Khai said during a recent meeting…
Data showed Monday that Apple Korea’s sales rose slightly to 7.3 trillion won ($5.9 billion) last year.The Korean unit of U.S. tech giant Apple Inc. logged 7.3 trillion won in sales from Oct. 1, 2021, to Sept. 30, 2022, up from 7.1 trillion won the previous…
India, Vietnam and Brazil could account for as much as 30% of Apple supplier’s Foxconn production in upcoming years as Apple seeks to diversify its supply chain out of China. Key electronics manufacturers are moving faster to diversify their capacity…
South Korean electronics giant LG will invest US$4 billion in Vietnam as it seeks to make the country a future smartphone manufacturing hub. Its chief operating officer Kwon Bong-seok made this commitment at a meeting with visiting Vietnamese President Nguyen…
The topic of self-repair is, thankfully, an increasingly developing one. Tech manufacturers are starting to open up more and more to it thanks to the push enthusiasts, governments, and eco-activists are constantly engaging in. As one of the most successful…
PC-maker Hewlett Packard on Tuesday said it would layoff as many as 6,000 employees over the next three years as the slumping world economy continues to embroil the US tech sector. HP, which has a payroll of about 61,000 people, said it aimed to secure $1.4…
