Digiworld Corporation (DWG) has said that mobile phones and office supplies will be its main sources of revenues this year.

Mobile phone sales would jump by nearly 60 per cent to VNĐ1.2 trillion (US$52.6 million), and office supplies sales by 33 per cent to VND1 trillion ($44 million), it said.

Doan Hong Viet, the company’s CEO, said this year his company would continue to restructure its mobile phone business, ceasing distribution of products with low value addition.

The main brands Digiworld would focus on are Sharp and Xiaomi, he said.

It plans to open more Mi stores in big cities and provinces to sell all Xiaomi products, and while the Chinese company’s phones are not expensive they is very popular, he said.

Office supplies sales are steady thanks to the Internet of Things as well as increasing investment in information technology by companies.

For 2018 Digiworld’s overall sales target is VND4.7 trillion ($206 million), a 23 per cent increase. It expects profits to rise 29 per cent to VND101 billion ($4.4 million). — VNS