VinSmart stops producing television and mobile phones

On May 9, Vingroup announced that VinSmart will stop researching and manufacturing televisions and mobile phones to focus resources on developing electronic products and features of ‘infotainment’ (information, entertainment, services) for VinFast cars. This is a strategic step to bring VinFast towards its goal of becoming one of the smartest and most convenient electric car manufacturers in the world.

VinSmart decided to stop producing phones and televisions to focus on VinFast car production. VinSmart Research and Production Joint Stock Company (VinSmart) will turn to developing smart features on vehicles and houses. In which, the focus is on developing information – entertainment – service (infotainment) features for VinFast cars. With nearly 150 infotainment features coming soon, VinFast cars will bring different conveniences, creating a competitive advantage in the global auto market. The second task, VinSmart focuses on the research, design and production of electronic components, electric battery cells, complete electric battery systems and electric motors of all kinds, in order to increase the domestic rate. and ensure a high quality supply of VinFast. In addition, VinSmart will also promote current research on smart cities – smart homes and related IoT (internet connection of things) devices to bring superior living experiences to users. 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. After that, part of the factory will be used to outsource to partners, 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 Vsmart phones that have been sold to the market. Mr. Nguyen Viet Quang, Vice Chairman 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, the development of special smart cars, smart houses, even the creation of smart cities … will bring many benefits and outstanding experiences to mankind. Therefore, we are determined to put all resources into this spearhead “.