Vietnam's VinGroup builds smartphone plant in Hanoi's Hoa Lac Hi-tech Park
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|The second VinSmart plant has an annual capacity of 125 million phones.|
The VinSmart factory covers an area of 15.2ha in Hoa Lac Hi-Tech Park. The first phase of the construction is expected to be completed on August 15, 2019, with a production capacity of 23 million phones per year.
In October 2019, the second phase will be completed with a capacity of 34 million units per year. In early 2020, the plant will reach its final capacity of 125 million units. The plant will maximize automation to reduce human errors.
According to VinGroup, the new factory will strictly adhere to international standards for electronics and telecommunications manufacturing plants. The production environment is fully controlled for temperature, humidity, electrostatic discharge control and air quality.
VinSmart’s technology is developed through the close cooperation with the world's largest technology firms such as Qualcomm, Google, ArcSoft and DxO to include the most advanced technologies in the smart device field. On product design, VinSmart cooperates with a number of designers and ODMs (original design manufacturers).Vingroup’s Vsmart smartphones will not be the only brand to be produced at the plant. Nguyen Viet Quang, deputy chairman and CEO of Vingroup, said the company has already received orders for contract manufacturing from large companies in Europe and the U.S.
In addition to telephones, VinSmart will invest in building factories to produce smart and Internet of Things products such as smart TVs, said Quang.