Samsung is planning to shift a few of its smartphone and electronics production from Vietnam to India in the thick of US tariffs.
Vietnam stands out as one of the key manufacturing hubs for the South Korean giant, with the company exporting over $52 billion worth of mobile phones and spare parts in the financial year 2024.
In case you are not familiar, A U.S. tariff is a tax imposed on goods imported into the United States, which are typically levied as a percentage of the product’s value. Now, amid steep US tariffs on Vietnam, Samsung is looking forward to shifting some of its smartphone and electronics manufacturing to India.
Reportedly, a source familiar with the discussions stated: “Yes, talks have begun with Indian EMS players, including their existing partners. Not just Samsung, all other companies with a base in Vietnam are exploring possibilities to shift some production to India.”
This decision seems to be a significant step, since Vietnam serves as a major producing hub for Samsung, with the company exporting over $52 billion worth of smartphones & spare parts in the last financial year, and it accounted for 9% of the country’s overall trade.
Noticeably, back in 2024, Vietnam’s electronics exports secured $142 billion, which is over five times what India was able to secure in FY24 at $29.2 billion. India has the golden chance to position itself as a key player in the global electronics supply chain, since Samsung and Alphabet are exploring a manufacturing shift to India, whereas Apple is already assembling products locally.
