The smartphone market has lost another player: following LG, it announced the closure of its mobile division
Why?
Let us remind you that the VinSmart brand appeared in 2018and since then it has produced mainly inexpensive gadgets, never having set its sights on the premium segment. He never achieved much success, so he decided to switch to other areas.
VinGroup company, which owns the brandVinSmart decided to focus its efforts on creating “smart” cars. And the closure of the mobile division was called “a strategic step towards making VinFast (the electric vehicle division) one of the world’s leading companies in the field of electric cars and smart cars.”
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By the way, the founder of VinGroup is the Vietnamese billionaire Pham Nhat Vuong. Few people know, but it was he who created the Mivina brand of instant noodles.
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