China's Xiaomi plans to make smartphones in Brazil
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
[SAO PAULO] Chinese smartphone maker Xiaomi has started making devices in Brazil, a senior executive said on Tuesday, in an effort to evade steep import tariffs that have pushed up prices and slowed smartphone adoption in the country.
Xiaomi also announced that it would begin selling its Redmi 2 smartphone in Brazil for 499 reais (S$216) beginning on July 7. The move brings Xiaomi's handheld devices to the first market outside Asia, where its aggressive prices and connection to customer feedback have won major market share.
Xiaomi's phones are assembled in Brazil by contract manufacturer Foxconn, which has made Apple's iPhone in the country since 2011.
REUTERS
Share with us your feedback on BT's products and services
TRENDING NOW
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Beijing’s calculated silence on the Iran war
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Vietnam formalises new state leadership, redefining ‘four pillars’ power balance
