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China
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China's tech giant xiaomi opens production plant in Istanbul - Reports

| @indiablooms | Mar 29, 2021, at 10:59 pm
#China #Xiomi #Istanbul

Moscow/Sputnik: Turkey became the fourth country outside China to have a production facility of the Chinese tech giant Xiaomi after a manufacturing plant was opened in Istanbul, the Anadolu news agency reported on Monday.

The Chinese company announced in early February its intention to invest $30 million into launching a production factory in Turkey jointly with the Salcomp Plc. power supplier.

During his address at the opening ceremony, Turkish President Recep Tayyip Erdogan said that the factory would be capable of producing five million devices annually and create 2,000 jobs.

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