Samsung mulls shifting production from Vietnam to India amid US tariffs

Amid steep US tariffs on Vietnam, South Korean tech giant Samsung is considering shifting some of its smartphone and electronics manufacturing to India, a source told Moneycontrol.

“Yes, talks have begun with Indian EMS players, including their existing partners. Not just Samsung, all other companies with a base in Vietnam are exploring possibilities to shift some production to India,” a source familiar with the discussions said.

Read more

You may also like

Comments are closed.