VinSmart stops producing TVs and smartphones, and focuses on VinFast cars

10 May 2021

A strategic move to bring VinFast towards its goal of becoming one of the smartest and most convenient electric car manufacturers in the world.

Vingroup Corporation officially announced that VinSmart will stop researching and producing TVs and mobile phones to focus resources on developing smart features on vehicles and houses.

In which, the main point is on developing information – entertainment – service (Infotainment) features for VinFast cars. With nearly 150 upcoming features, VinFast cars will bring different utilities, creating a competitive advantage in the global auto market.

The second task is to focus on the research, design and manufacture of electronic components, battery cells, complete electric battery systems and electric motors of all kinds, in order to increase localization rates. and ensure a high-quality supply of VinFast.

In addition to focusing on VinFast, VinSmart will also continue to promote current research on Smart City – Smart Home and related IoT devices to bring superior living experiences to people. use.

To put all of their energy into a new direction, VinSmart factories will continue to produce existing phones and televisions until the end of the product’s life cycle to supply the market. Then part of the factory will be used to outsource to partners, while the rest is expanded to adjust to produce new products.

Regarding products sold to the market, VinSmart commits to maintain the warranty, repair and care as committed until the day when customers no longer use the product. In particular, a part of the phone software design department continues to research to upgrade and update the software.

Mr. Nguyen Viet Quang, Vice President and General Director of Vingroup, said: “The production of smart phones or smart TVs has no longer brought breakthrough capabilities, creating different values ​​for users. Meanwhile, developing special smart cars, smart homes, even building smart cities … will bring many benefits and outstanding experiences to humanity. Therefore, we are determined to put all resources into this spearhead.”

On May 6, 2021, Vingroup announced that it would gather vehicle development forces from VinFast overseas research institutes to its headquarters in Vietnam to ensure the progress of research and development and class of new vehicles. Previously, the Group also withdrew from the retail, agriculture and aviation segments to focus on the core priority of cars.

Source: 24h.com.vn

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