Falling sales?� Pah, not a chance says Samsung: the manufacturer has set healthy sales targets of 200 million sales in 2008, a 25-percent increase on 2007, and is planning a new plant in Vietnam [subscription req] which will eventually pump out half of that figure.� Costing $670m, the new plant will be built in Bac Ninh Province and Samsung hope to end the year with a 30 million handset annual production capacity.�

Samsung have chosen Vietnam for its strategic position with regards exports to developing markets such as�Thailand and Cambodia, as well as its low production costs which have been estimated as half of those in China.� Rumor has it that the company has already bought the land for the new plant, which it has been planning for over the past 12 months as an attempt to decrease its non-South Korea production reliance on China.