Tuesday, July 5, 2022

Xiaomi Delivers First Batch of Handsets Made in Vietnam to Boost Smartphone Production: Report

Xiaomi has delivered the first batch of smartphones produced at its new production plant in Vietnam, according to a report. The Chinese smartphone manufacturer has shifted production of its handsets to the country as it looks for alternate supply chain and production methods. Xiaomi will use the new plant in Vietnam as a centre for exports to nearby countries like Mal...

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India open to clearing import duty hurdle for US auto parts

India is considering reducing or eliminating customs duties on US auto parts, which currently range between 10% and 15%. This move is part o...