Xiaomi will create three plants in India to produce 100% of its PCBs in this country
The Xiaomi company announces the creation of three new plants in India, in collaboration with Foxconn, to produce all PCBs for its smartphones, in this country.
One of the big smartphone companies is Xiaomi, who has announced that all the PCBs used in all of the company's smartphones and other products of the company will be manufactured entirely in India. The PCB is the element that integrates and connects all components of the system. In computer it is a motherboard, for example. This will be possible, thanks to the construction of three plants for the manufacture and development of PCBs in these three industries in India will start shortly.
The three plants built in India, undoubtedly due to the cost of labor, which is currently lower in cost than China. The plants will be built in collaboration with Foxconn, built specifically on the campus of Sri City, Andhra Pradesh and the new field in Sriperumbudur, Tamil Nadu. It should be noted that the company already has a total of six plants in India, where 95% of the smartphones are manufactured, which are sold in that country.
These new PCB manufacturing plants, which will be developed in collaboration with Foxconn, will employ more than 10.000 people, 95% of whom will be women. Xiaomi is one of the most popular brands in the smartphone market in India, with an overall market share of 26.8%.
Xiaomi is also one of the great brands in terms of smartphone sales worldwide, since the company is characterized by offering smartphones with a great relationship between quality and price. We must also highlight that the brand officially landed in Spain at the end of last year, opening a physical store in Madrid.
Source: GSMArena
