Samsung considering India smartphone shift as Trump tariff squeezes Vietnam exports

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South Korean multinational Samsung is evaluating a shift of some of its smartphone and electronics manufacturing from Vietnam to India, aiming to mitigate risks tied to potential US tariffs on Vietnamese exports, Moneycontrol has learnt.

Vietnam currently serves as Samsung’s primary production hub, however, escalating trade tensions have prompted the consumer electronics giant to explore India as a strategic alternative to serve global markets, including the US.

“Yes, talks have begun with Indian EMS players, including their existing partners. Not…



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Samsung considering India smartphone shift as Trump tariff squeezes Vietnam exports


South Korean multinational Samsung is evaluating a shift of some of its smartphone and electronics manufacturing from Vietnam to India, aiming to mitigate risks tied to potential US tariffs on Vietnamese exports, Moneycontrol has learnt.

Vietnam currently serves as Samsung’s primary production hub, however, escalating trade tensions have prompted the consumer electronics giant to explore India as a strategic alternative to serve global markets, including the US.

“Yes, talks have begun with Indian EMS players, including their existing partners. Not…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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