The 3-year journey of Vsmart phones
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11/05/2021
06:00
GMT+7
Vsmart phones have seen milestones that have never been made by any Vietnamese phone company.
VinSmart has just announced its withdrawal from the phone and TV market, ending a period of nearly three years with many successes that were difficult to achieve by not only Vietnamese phone makers but also foreign firms.
What's special about Vsmart's 3-year journey in Vietnam?
Vsmart phones on the shelf of a tech supermarket in Vietnam. (Photo: Hai Dang)
From zero market share at the end of 2018, the Vietnamese phone company Vsmart quickly achieved a market share of over 15% to take third place in Vietnam. It also produced the first smartphone with a camera under the screen in Vietnam, 5G smart phones, and entered many foreign markets more than any previous Vietnamese smartphone brands.