Electronics manufacturing plants in Bangladesh
The electronics industry in Bangladesh is one of the fastest-growing industries in the country with great potential. Popular Bangladeshi electronics brands include Walton Electronics, Singer Bangladesh, Jamuna Electronics, Vision Electronics (PRAN-RFL Group). Local companies such as Fair Group, Butterfly Group, Electra, Rangs Group, Electro Mart, and Transcom Group manufacture and assembles Electronics Home Appliances in collaboration with foreign brands such as Samsung, Whirlpool, LG, Sony, Gree, Konka, and Sharp. [1]
The use of electronics in Bangladesh started in the 1930s through the field of communication with the establishment of radio stations, telephone exchanges, and wireless communication. During World War II, to satisfy military needs, the technology of wireless communication was enhanced and the latest technology was introduced in British Raj.
In 1962, a plant was set up in Dhaka to produce radio sets. In 1967, it started assembling television sets. [2] A digital telephone system was introduced in 1983 and mobile phones came in 1992. Before 1980, most of the domestic appliances and equipment were imported, except the one-band radio, but after 1980 many assembly plants for radio, television, audio, and video cassette recorders and players were established.
Since 1990, advanced products like computers, cordless telephones, satellite TV signal-receiving equipment, etc., started to be assembled, and some spare parts also began to be manufactured. By this time, a number of multinational companies have set up assembly and manufacturing plants in the country. Local companies, in joint collaboration with foreign companies, have established assembly and manufacturing plants. At present, the total number of such companies is more than sixty. Since 1994, after Bangladesh's integration into the free market agreement, all kinds of commodities, including electronic products, began to be imported freely, which created a competitive environment. By the 2000s, revolution started and few local companies began to export locally manufactured electronic home appliances abroad. Walton, Jamuna Electronics, Marcel, Vision, ViGO, Minister, etc. were the frontier leaders to start the manufacture of electronic goods in Bangladesh. After Walton, many other local companies started manufacturing electronic home appliances in the country. [3] [ full citation needed ].
Walton introduced the country's first compressor manufacturing plant in April 2017. [4] In 2017, Samsung inaugurated two home appliances manufacturing plant in Bangladesh, in a collaboration with Fair Electronics and Transcom Electronics. [5] [6] In 2018, LG Electronics inaugurated TV manufacturing plant in Bangladesh, in a collaboration Butterfly Group. LG also plans to open a refrigerator and air conditioner manufacturing plant in 2019. [7] [8] Japanese electronics brand Sharp and Fujitsu General home appliances also started their journey in Bangladesh with a local conglomerate, Esquire Electronics.[ citation needed ]
On 5 October 2017, local giant Walton inaugurated the country's first-ever smartphone and tablet manufacturing plant named "Walton Digi-Tech Industries". "Made in Bangladesh" labeled smartphones made by Walton arrived at market in January 2018. [9] [10]
On 18 January 2018, Walton launched the country's first computer and laptop manufacturing plant.
In April 2018, Samsung announced the assembling of smartphones in Bangladesh in their new factory in collaboration with Fair Electronics, and the factory commenced production of smartphones in May 2018. Bangladeshi assembled Galaxy Note 10 | 10+ | 10 Lite reached at market in January 2020. They will start full-fledged manufacturing of Samsung smartphones in the quadrant of 2020. [11] [12]
In October 2018, Transsion Bangladesh Limited, a Bangladeshi subsidiary of Transsion Holdings, started producing smartphones in their new manufacturing factory in Bangladesh. Transsion started producing smartphones by assembling components and gradually shifted to full-fledged manufacturing of the phones labeled "Made in Bangladesh". [13]
The country's 5th mobile factory was launched in October by “5 Star Mobile” brand. A few more companies are also setting up their smartphone factories in Bangladesh, which will be produced in the first quadrant of 2019. International brands like Huawei and Lava have shown their interest to set up smartphone manufacturing plants in Bangladesh within the next couple of years. [14] [15]
In July 2019, Vivo inaugurated their new manufacturing plant in Rupganj Upazila, Narayanganj. [16]
In November 2019, Chinese smartphone brand Oppo launched a new manufacturing plant in Gazipur in partnership with local company Benli Electronic Enterprise Co Limited. [17] [18]
In February 2020, Realme inaugurated their new smartphone manufacturing plant in Gazipur. [19]
In September 2021, Nokia started production of smartphones in their new manufacturing plant in collaboration with Vibrant Software Bangladesh Ltd in Bangabandhu Hi-Tech City, Gazipur. [20] [21]
In October 2021, Xiaomi opened their first Bangladeshi manufacturing plant in Gazipur, partnering with DBG Technology BD Ltd, an electronics manufacturing service provider headquartered at Huizhou, Guangdong in China. [22]
As of November 2020, the industry was estimated to be worth ৳26700 crore (US$2.3 billion), with a yearly growth rate of 11%. [1]
Haier Group Corporation is a Chinese multinational home appliances and consumer electronics company headquartered in Qingdao, Shandong. It designs, develops, manufactures and sells products including refrigerators, air conditioners, washing machines, dryers, microwave ovens, mobile phones, computers, and televisions. The home appliances business, namely Haier Smart Home, has seven global brands – Haier, Casarte, Leader, GE Appliances, Fisher & Paykel, Aqua and Candy.
LG Electronics Inc. is a South Korean multinational major appliance and consumer electronics corporation headquartered in Yeouido-dong, Seoul, South Korea. LG Electronics is a part of LG Corporation, the fourth largest chaebol in South Korea, and often considered as the pinnacle of LG Corp with the group's chemical and battery division LG Chem. It comprises four business units: home entertainment, mobile communications, home appliances & air solutions, and vehicle components. LG Electronics acquired Zenith in 1995 and is the largest shareholder of LG Display, the world's largest display company by revenue in 2020. LG Electronics is also the world's second largest television manufacturer behind Samsung Electronics. The company has 128 operations worldwide, employing 83,000 people.
Oppo is a Chinese consumer electronics manufacturer headquartered in Dongguan, Guangdong. Its major product lines include smartphones, smart devices, audio devices, power banks, and other electronic products.
Dutch-Bangla Bank LTD., one of the private commercial banks of Bangladesh, started its operation in Bangladesh as the first European joint venture bank. The bank was an effort by local shareholders spearheaded by Mr. M Sahabuddin Ahmed and the Dutch financial company FMO.
BBK Electronics was a Chinese multinational electronics conglomerate. It was a leading consumer electronics brand specialized in audio and video equipment, home entertainment products and home appliances. It also acted as an investor in leading companies in various sectors of consumer electronics. The company specialized in developing consumer electronics products such as smartphones, tablet computers, smartwatches, smart TVs, Hi-Fi equipment, Blu-ray players, and digital cameras.
The form factor of a mobile phone is its size, shape, and style, as well as the layout and position of its major components.
Banglalion Communications Ltd was a privately held Bangladeshi 4G wireless broadband operator. It used WiMAX technology. It had a nationwide license from the Bangladesh Telecommunication Regulatory Commission (BTRC) to provide broadband wireless access services for data, voice and video. Banglalion covered 7 divisional headquarters and 30 major districts of Bangladesh. As of 2022, it does not provide any products.
Bangladesh Machine Tools Factory Limited (BMTF) is a commercial enterprise run under the management of Bangladesh Army. It has 19 dynamic factories engaged in manufacturing a total of 566 products. It is located at Gazipur, about 40 km from Dhaka.
The automotive industry in Bangladesh is the third largest in South Asia.
Runner Automobiles PLC (RAPLC) is a motorcycle and three-wheeler manufacturer based in Bangladesh. The company produces a range of motorcycles varying in size from 80 to 150 CC, and has become a major player in the sub 100 CC motorcycle segment in the country. In addition to motorcycles, Runner also produces three-wheeler auto-rickshaws in its Blaluka factory. The increase in disposable income among the general population and a rapidly growing middle class has contributed to the rise in demand for two-wheelers in Bangladesh. Runner offers 12 different models of motorcycles and scooters, with capacities ranging from 80 CC to 150 CC.
Walton is a conglomerate based in Gazipur, Bangladesh. It was founded in 1977 by S.M Nazrul Islam and operates in consumer electronics, home appliance, mobile phone, automobiles, and retail. The group's flagship company is Walton Hi-Tech Industries PLC.
Samsung Electronics Co., Ltd. is a South Korean multinational major appliance and consumer electronics corporation founded on 13 January 1969 and headquartered in Yeongtong-gu, Suwon, South Korea. It is currently the pinnacle of the Samsung chaebol, accounting for 70% of the group's revenue in 2012.
Walton Micro-Tech Corporation is situated near the Walton Hi-Tech Industries Limited’s factory at Chandra in Gazipur. It is the manufacturing, assembling and R&D plant for Walton's electronics products such as batteries, mobiles, televisions, home appliances, electrical appliances, LED lights, electric motor etc. Walton has one of the largest battery manufacturing units in the country. Walton mobiles are one of the most selling products of Walton Micro-Tech Corporation and also is one of the best selling mobile brands in Bangladesh. Walton produces Android smartphones and some Windows phones. Walton Primo is a series of mobile computing devices designed, manufactured and marketed by Walton Electronics. The series consists of high-end Android-powered smartphones.
In the early twenty-first century; foreign investment, government regulations and incentives promoted growth in the Indian electronics industry. The semiconductor industry, which is its most important and resource-intensive sector, profited from the rapid growth in domestic demand. Many industries, including telecommunications, information technology, automotive, engineering, medical electronics, electricity and solar photovoltaic, defense and aerospace, consumer electronics, and appliances, required semiconductors. However, as of 2015, progress was threatened by the talent gap in the Indian sector, since 65 to 70 percent of the market was dependent on imports.
Infinix Mobile is a smartphone company with headquarters in China, founded in 2013 by Transsion Holdings. Their devices are manufactured in several countries.
Transsion Holdings is a Chinese manufacturer of mobile phones based in Shenzhen. It was the largest smartphone manufacturer by sales in Africa in 2017, and also sells mobile phones in the Middle East, Southeast Asia, South Asia, and Latin America. Its brands include phone brands such as Itel, Tecno, Infinix; after-sales service brand Carlcare; and accessories brand Oraimo. It manufactures phones in China, Indonesia, Pakistan, Ethiopia, Bangladesh and recently in India.
Dixon Technologies is an Indian electronics manufacturing services company, based in Noida. It is a contract manufacturer of televisions, washing machines, smartphones, LED bulbs, battens, downlighters and CCTV security systems for companies such as Samsung, Xiaomi, Panasonic and Philips. It has 17 manufacturing units in India. The company is listed on BSE and NSE since its initial public offering in 2017.
AVOW is a German company that specializes in acquiring new users for mobile app developers and brands. AVOW has partnerships with global mobile OEMs such as Samsung, Xiaomi, Huawei, Vivo, OPPO, OnePlus, realme, Transsion, Itel, Tecno and Infinix.
