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Long before Apple’s iPhone 11 price in Bangladesh and iPhone 12 price in Bangladesh became a trend, the phone industry had already undergone tremendous changes. Mobile phone operations have penetrated even remote regions, opening business prospects. A look into the evolution of mobile phones in BD reveals a beautiful technological journey.
First Mobile Phone in Bangladesh
Mobile phones were first introduced in Bangladesh in October 1990 by a company called Citycell Bangladesh. Over the next few years, the company made great strides in meeting the demands of the mobile phone market. However, the real mobile revolution started in 1997 following the introduction of the Grameenphone program. Grameenphone connected users by helping them get information.
Growth of Mobile Phones Manufacturing
While the Grameenphone program, created the buzz around mobile phones in Bangladesh, the market grew significantly with the entry of Walton, the domestic electronics giant. The company was the first to start mobile manufacturing in Bangladesh in 2017. The company injected huge amounts of money into setting up factories, and received incentives from the government, including tax holidays and VAT exemption. Currently, Walton has the annual capacity to produce more than 70 lakh units of phones.
Walton has revolutionized the entire mobile phone market in Bangladesh. The company is not only meeting the demand for mobile phones but creating employment for a large number of people. With exports to more than 8 countries, including the United States, Walton has already created its name in the global phone industry.
Global Mobile Phones Brands in Bangladesh
During the same period, several global brands have also joined in mobile production in Bangladesh. Samsung, which is also the world’s largest handset company, built its assembling factory in Bangladesh in 2018, employing more than 2,000 people. The Korea-based electronic giant Samsung has a target of 60 lakh assembling capacity and has been driving the local mobile phones market immensely.
In later years, several other brands have invested in the mobile phones Bangladesh market. For instance, Vivo inaugurated its new manufacturing plant in 2019. They are also committed to rolling out the first mobile assembly plant in Bangladesh even as more internal companies flock to the country to take advantage of the favorable tax regime.
Another major global brand that launched its manufacturing plant in 2019 was Oppo. The Chinese handset market Oppo is even set to launch its Made in Bangladesh phones. With a target of 10 lakh units of smartphones annually, Oppo is committed to more investments in the domestic market. Other global brands that have set a base in Bangladesh over the last three years include Nokia, Xiaomi, and Lava.
The Bottom Line
The evolution of mobile phones in Bangladesh continues to attract various global brands. From a few local brands that aimed to introduce products that met the needs of the local market, Bangladesh has attracted some of the top leading brands to set up their manufacturing and assembly plants. It is only expected that more brands will join the bandwagon, increasing the range of phones locally produced and sold.
We hope you enjoyed this article about the evolution of mobile phones in Bangladesh. Stay updated with the latest mobile phone and electronics news in BD with Beshijoss.
