Mr Vu Minh Tri,
Regional Director of Qualcomm in Vietnam, Laos, Cambodia and Thailand said that
the firm chose Vietnam instead of India as a new destination because that is
the potential market for 3G technology with an impressive growth (from 2.5
million devices connected with 3G in late 2010 to more than 22 million in the
end of 2011).
Vietnam also has built the quite completed infrastructure for 3G such
as more than 22,000 connection stations, qualified workforce for future
development of 3G technology.
In Q2 of 2012, Qualcomm plans its investment in Vietnam market by 10
times including increasing market share in micro-conductor for Qualcomm-branded
mobile phones, technical investment and consultancy for over 60 technological
device retail systems in Vietnam, and technological transfer to one
telecommunication network in Vietnam.
Vietnam becomes one of six investment markets of Qualcomm in the world.
This year Vietnam expects to see an array of smart phones to be sold at below
US$100 per unit.
VietBiz24
Business & Investment Opportunities
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