Inventec, Xiaomi team up on overseas production
Taiwanese contract laptop maker Inventec Corp. ( ) is working to begin production in Indonesia and India for major mobile phone customer, Xiaomi Inc. ( ) of China, as part of an overseas manufacturing contract. Inventec Chairman Richard Lee ( ) said his company is one of the overseas manufacturing partners of Xiaomi, which contracted Taiwan-based Foxconn Technology Group ( ) earlier this year to produce phones in India and Brazil.
“It’s only a matter of time” before Inventec gets production going in Indonesia and is making “smooth progress” at its new factory in India, which has started shipping notebooks and tablets, Lee told reporters on the sidelines of the 20th World Electronics Forum and the 11th Asia Electronics Forum on Monday.
He declined to
confirm, however, whether Xiaomi’s first laptop, which is due to be released in the first half of next year, will be manufactured at Inventec’s Indian factory.
Taiwanese media reported last month that the Xiaomi notebook, around 15 inches in size and running a Linux operating system, will be released next year at a starting price of 2,999 Chinese yuan (US$471).
Meanwhile, Lee said he is confident that shipments of Xiaomi smartphones will continue to grow, outperforming the overall market in 2016, thanks to its new lineup of low-cost feature-rich phones, although the 5-year-old Chinese brand is expected to grow at slower pace than in the previous two years due to saturation of the global smartphone market.
Inventec’s handset subsidiary, Inventec Appliance Corp., assembled about 30 million smartphones for Xiaomi last year, splitting orders with Foxconn.
Xiaomi CEO Lei Jun ( ) was cited in the Wall Street Journal on Sept. 30 as saying that his company is on track to sell 80 million phones this year, up 31 percent from 61.1 million units last year.
Lei declined to make a forecast for 2016, saying only that Xiaomi’s biggest challenge came from managing internal and external expectations, the newspaper said.
Lei said Xiaomi would focus on three key markets outside China — India, Indonesia and Brazil — and that his company was aiming to become the top smartphone brand in India in the next three years, according to the report.
Revenue Target of US$20 Bil. for 2017
Inventec forecast Monday that its revenue will exceed US$20 billion by 2017, as it is transforming into a global Internet company.