Vivo Communication Technology

Vivo Communication Technology Co. Ltd. - a Chinese company that is a manufacturer of smartphones.

Vivo was founded in 2009 in China and soon entered the markets of India and Southeast Asia.

The company's research centers are located in Shenzhen, Nanjing and Dongguan (China). Research and development related to mobile products is carried out here.

Vivo Communication Technology has robotic mounting and modern assembly shops, which consist of more than 90 production lines. Production facilities allow the production of 8.5 million units of products monthly (as of July 2018). The Vivo plants, located in Dongguan, Chongqing, New Delhi and Jakarta, feature advanced process testing and control systems managed by a professional team of technology development and testing professionals.

History

2023

Two top executives of smartphone maker Vivo have been arrested. They are accused of money laundering

On December 23, 2023, the Indian Financial Crime Agency arrested two senior employees of the local unit of the Chinese manufacturer smartphones Vivo. The detainees are suspected of committing fraud related to. money laundering

The identities of those arrested as of the end of December 2023 were not disclosed in the interests of the investigation. In addition, it is not clear which states the suspects are citizens of. Vivo is preparing for a trial, saying it is "deeply alarmed by the actions of the Indian authorities." The arrested persons were taken to a Delhi court and sent to custody.

Indian financial crime agency arrests two senior employees of local unit of Chinese smartphone maker Vivo

The arrests come about two months after similar charges were brought against four other Vivo executives, including a Chinese citizen, by Indian law enforcement, Reuters reported. This trial could aggravate relations between New Delhi and Beijing, which worsened due to the 2020 Indo-Chinese border conflict - an armed clash over the disputed Aksaichin region (located on the border of the Xinjiang Uygur Autonomous Region of the PRC, Pakistan and India). After that, India tightened control over Chinese business and investment in the country.

In connection with the arrest of Vivo top managers, Beijing urges the Indian authorities not to discriminate against Chinese companies. It is noted that China will provide legal protection and necessary assistance to the detained Vivo employees.

These arrests demonstrate the ongoing harassment [by Indian authorities] and essentially create an atmosphere of uncertainty for the IT industry as a whole. We are determined to use every legal opportunity to refute allegations against detained employees, Vivo said in a statement.[1]

Building a Company to Develop Automotive Technologies

In early November 2023, it became known that the Chinese manufacturer smartphones Vivo had entered into a long-term cooperation agreement with Cariad, a subsidiary of the division. Volkswagen Group Together, the parties intend to develop new technologies for smart cars. To do this, the partners created Mobile x Mobility Fusion Joint Innovative Lab (abbreviated M Lab). More. here

Emerging markets share of smartphone shipments - 45%

The share of emerging markets in the supply of smartphones of manufacturers.
The chart is based on data from the first quarter of 2018 through the second quarter of 2023.

2021: 5th place in the smartphone market in the second quarter

2018: China Market Share

Shares of smartphone suppliers in the Chinese market