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…
