Mobile manufacturing

Chinese city turns into Ghost Town after Samsung shifts operation to India, Vietnam

12Dec By AdityaNo Comments

CHINA

Chinese city turns into Ghost Town after Samsung shifts operation to India, Vietnam

Huizhou city on the north of China's flourishing Pearl River Delta has turned into a ghost town after Samsung closed its three-decade old factory and shifted operations to India and Vietnam in October, in the first visible fallout of the ongoing trade war between China and the US. The bustling city turned a "ghost town" after Samsung closed its last smartphone factory in China, the Hong Kong-based South China Morning Post reported on Wednesday. Samsung relocated production to Vietnam and India in large part as a response to the trade war between the world's two largest economies, it said, adding that the industry insiders consider that it reflected China's changing position in the global supply chain. Last year Samsung inaugurated its world's largest mobile factory in Noida, near ...

Foxconn boss Willing to Run for Taiwan presidency

World's leading iPhones manufacturing company Foxconn founder announced that his intention to run for the presidency of Taiwan on a ticket from the Beijing-friendly opposition Kuomintang (KMT) party. "I am willing to join the party's primary. If I win I will represent the KMT in the 2020 elections," Terry Gou said at a KMT meeting in Taipei in comments broadcast live on local TV. Recently, Foxconn makes a large footprint in Asian including manufacturing Xiaomi and iPhones in India. Foxconn invests $356 million to expand the Indian plant, including investment in iPhone production. The investment may create as many as 25,000 jobs. Another source also stated that Foxconn planned to assemble iPhones in India, in a move that could help both it and Apple to limit the impact of...

Oppo Becomes New Sponsor of Indian Cricket, Replaces Star India

Mobile manufacturing company OPPO today became the new sponsor of the Indian cricket team, replacing broadcasting giants Star India. The deal was about 1079 crore for 5 years. Oppo will pay Rs 4.61 crore per bilateral match and Rs 1.56 crore for an ICC event match, while STAR India paid Rs 1.92 crore per bilateral match and Rs 61 lakh for an ICC match. "The Board of Control for Cricket in India (BCCI) is pleased to announce OPPO Mobiles India Private Limited as the new team sponsor for the Indian Cricket Team," the BCCI said in a statement. "The mobile manufacturing giant OPPO's association with BCCI will start from April 2017 for a period of five years," it added. Star India had made it clear that it would not seek a renewal of its sponsorship deal, which was to end next month...