Can Apple Inc become for India what Samsung is to Vietnam in the mobile devices export sweepstakes?
For Samsung it has been a long haul — starting from 2009 when the Korean major decided to slowly shift manufacturing operations from China till it moved out completely in 2019. That strategic decision transformed Vietnam into Samsung’s mobile device assembly hub, investing $18 billion in factories, supply chains and R&D. Vietnam, which also liberalised a range of policies to accommodate foreign direct investment, catapulted itself to become the world’s largest exporter of mobile phones after China.
Apple Inc has regularly been hitting the headlines as it expands its operations in India, but the question is whether the tech giant can replicate what Samsung has done in Vietnam. The conglomerate is hoping to assemble in India 25 per cent of all iPhones produced globally to reduce its heavy de
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