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Inventce Xiaomi to strat production in Chennai India in Q3 of 2015

byCustoms Today Report
06/02/2015
in Uncategorized
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CHENNAI: Inventec, the Taiwanese ODM which makes notebooks, consumer electronics, mobile phones and server products, is looking to set up a production facility in Chennai, according to Digitimes. The production is expected to begin by the third quarter of 2015 said the company.

According to industry-watchers, the first devices that will be rolled out of the Chennai factory would be smartphones and other devices for Chinese phone maker Xiaomi. Inventec hasn’t spoken about the kinds of products it aims to manufacture in India.

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Speaking to tech2, Manu Jain, Xiaomi’s India head said that the company does not comment on speculations. “We are talking to multiple partners for exploring manufacturing in India, and it will be unfair to comment unless we have finalized anything,” he said.

Company Chairman Richard Lee has said that he expects the shipments of ODM/OEM devices to reach 100 million units by 2015, which is an almost 33% jump from 75 million units in 2014. Inventec hopes the facility in India will help it meet the demands in the next couple of years.

Among all the devices made by Inventec, the smartphone shipments are expected to go up to 60 million units as against 55 million units last year. PC products including notebooks are expected to reach 24-25 million units this year.

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