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ru24.net
News in English
Декабрь
2023

Mobile phone industry seeks ‘competitive’ tax, tariff regime to counter dominance of China, Vietnam in global market

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The industry has highlighted to the government that the domestic market for mobile phones has saturated, while the exports are growing at a fast pace, now contributing 25% of total local production. The industry, which exported $11.1 billion worth of mobile phones in FY23, wants to target the $50-billion export mark over the next few years.



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