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Huawei may build smartphones in India
Published: Aug 13, 2012 India – Chinese smartphone manufacturer Huawei could be beefing up its position as a smartphone vendor in India as it looks into multi-tasking at its plant in Chennai. According to the Financial Chronicle, Huawei is looking to produce smartphones for its Indian customers out of its existing Chennai facility, which currently produces networking equipment. Victor Shan, president of device business at Huawei India, told the paper that the company is looking into the feasibility of smartphone production and sorting out issues in the supply chain. This year, Huawei is expecting to sell one million smartphones, contributing 30% to the company's overall revenue, Shan told the same paper.
Signs of the company's aggressive worldwide expansion efforts have been evident since June, with investment plans in the pipeline over the next four years for its manufacturing, research and development and marketing activities in India. Currently, the Chinese tech manufacturer makes its phones in China, while outsourcing some of its activities to Foxconn. _________________________________________________________________________________ Subscribe to ProcurementAsia's biweekly bulletin now! Or get industry updates and opinions via our Twitter, Facebook and LinkedIn. For exclusive video content, visit Channel P on YouTube. More quality Lighthouse titles Managing people? For HR and leadership strategy, Human Resources has it covered. Get your marketing department up to speed with Marketing, Asia's most read marketing site. |
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