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| The next Samsung phone you buy might be made in India |
Samsung may shift most of its smartphone production to India, which could affect the cost of your phone and help the company make a profit.
Economic Times said via SamMobile sources that Samsung plans to move some of its production from Vietnam and other countries to India as part of the country's production incentive system that will reward local manufacturing. It is said to be hoping to produce more than $ 40 billion worth of equipment in India in the next five years. It is estimated that most of the value (around $ 25 billion) will come from cell phones over $ 200. Just for reference, about half of Samsung products are located in Vietnam.
Just like Apple, which has recently started producing more iPhones in India, Samsung will have clear economic incentives to change its manufacturing methods as it does not charge 20% import duties and at least keep prices the same. On some Indian phones. level. It can also help companies to perform better in the highly competitive Indian market.
Overall, this can also make Samsung manufacturing more sense. Overall, Samsung is believed to hold 20% of the smartphone market, compared to 14% for Apple and 22% for India. The amount is 38%. Lowering cell phone production costs doesn't necessarily add value to Samsung, but it can help Samsung make more money with every mobile phone.
It is worth noting that the owner of the known vulnerability (Eva's Plus) posted new photos of the phone through his Twitter account, which Samsung did not announce as (Galaxy S20 FE). In the past few months, leaked websites and accounts have published a lot of information including: SamMobile, Ice Universe and The Elec, which stated that the phone will be a cheap version of the Galaxy S20 that was announced earlier this year. Similar to a phone. (Galaxy S10 Lite) Galaxy S10 Lite, a cheap version of the phone launched last year (Galaxy S10).