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Electronics industry in Bangladesh
Electronics industry

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.

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History

Home appliances

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 the 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, 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.

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 collaboration with Fair Electronics and Transcom Electronics.56 In 2018, LG Electronics inaugurated TV manufacturing plant in Bangladesh, in collaboration with Butterfly Group. LG also planned to open a refrigerator and air conditioner manufacturing plant in 2019.78 Japanese electronics brand Sharp and Fujitsu General home appliances also started their journey in Bangladesh with a local conglomerate, Esquire Electronics.

Smartphones and high technology industries

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 the market in January 2018.910

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 the market in January 2020. They started full-fledged manufacturing of Samsung smartphones in the quadrant of 2020.1112

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 manufacturing factory was launched in October by “5 Star Mobile” brand. A few more companies were also setting up their smartphone factories in Bangladesh, which had production plans 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.1415

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.1718

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.2021

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

In May 2023, Transsion opened a new factory in Meghna Industrial Economic Zone, Narayanganj with $22 million investment in the first phase.23

Market size

As of November 2020, the industry was estimated to be worth ৳26700 crore (US$2.2 billion), with a yearly growth rate of 11%.24 As of 2024, locally manufactured and assembled televisions had a 90% market share, 70% to 75% air conditioners (AC) were manufactured locally and 80% domestic demands of refrigerators were met by local manufacturers. Home appliances sold in Bangladesh in 2021 was estimated to be worth $2.4 Billion and is expected to rise to $10 billion by 2030. Consumer electronics sales are expected to be around $5.17 billion by 2025.25

Electronics manufacturing plants in Bangladesh

Serial NoManufacturerFactory LocationProduced ProductsCitations
1WaltonKaliakoir Upazila, GazipurHome appliance, Smartphone, Feature-phones, Computer, Computer hardware, Chargers & Gas stoves
2Samsung (Technical Collaboration with Fair Electronics)Shibpur Upazila, NarshingdiHome appliance & Smartphone
3Samsung (Technical Collaboration with Transcom Electronics)Mohakhali, DhakaTelevision assembling
4Minister Hi-Tech ParkGazipur & Trishal Upazila, MymensinghHome appliance
5Jamuna ElectronicsGazipurHome appliance
6Sony (Technical Collaboration with Rangs Electronics)Companiganj Upazila, Sylhet Hi-Tech ParkTelevision, Air conditioning, Refrigerator & Home appliance
7LG (Technical Collaboration with Butterfly Group)Bhaluka Upazila, MymensinghTelevision & Refrigerator
8Vision ElectronicsNarshingdiTelevision, & Home appliance
9RANCON ASTRA TOSHIN TOSHIBABhobanipur Kashimpur GazipurTelevision, Refrigerator & Home appliance
10Symphony Mobile (Edison Group)Bangabandhu Hi-Tech City, GazipurSmartphones Feature phone & Chargers
10OppoVogra, GazipurSmartphone
11VivoRupganj Upazila, NarayanganjSmartphone
12RealmeVogra, GazipurSmartphone
13MNH Industries Ltd.Barishal, BarishalTelevision & Refrigerator
14Singer BangladeshSavar, DhakaHome appliance26
15Techshop BangladeshMotijheel, DhakaRobotic & Electronics27
165 Star MobileBangladeshSmartphone and feature phones
17Xiaomi, Redmi and POCO (Technical Collaboration with DBG Technology BD Ltd.)GazipurSmartphones
18Nokia-HMD (Technical Collaboration with Vibrant Software)Bangabandhu Hi-Tech City, GazipurSmartphones & Feature phone28
19Transsion HoldingsVogra, GazipurSmartphone
20MiyakoPlot 50, Sector 3, Uttara, Dhaka 1230Home appliance
21Haiko (Electro Mart)Sonargaon UpazilaTelevision, Refrigerator, Air conditioning, & Home appliance
22Transsion HoldingsNarayanganjSmartphone29
23Proton by Pran-RFLPalash, NarsindiFeature-phone and Smartphone30
24OnePlusVogra Bypass, GazipurSmartphone3132

See also

  • Bangladesh portal
  • Electronics portal

Further reading

References

  1. Mahmud, Salah Uddin (2 November 2020). "Best Electronics to go public for Tk100cr". The Business Standard. https://www.tbsnews.net/economy/stock/best-electronics-go-public-tk100cr-152998 ↩

  2. Islam, Rizwanul, ed. (1992). Transfer, Adoption and Diffusion of Technology for Small and Cottage Industries. International Labour Organization. ISBN 978-92-2-108557-7. Retrieved 2013-12-30. 978-92-2-108557-7 ↩

  3. IFC-SEDF study report on Electronics and Electrical sector ↩

  4. "Walton sets up first-ever compressor manufacturing plant". Dhaka Tribune. 2017-04-07. https://www.dhakatribune.com/business/2017/04/07/walton-sets-first-ever-compressor-manufacturing-plant ↩

  5. Islam, Muhammad Zahidul (15 June 2017). "Samsung opens two appliance plants in Bangladesh". The Daily Star. https://www.thedailystar.net/business/samsung-opens-two-appliance-plants-bangladesh-1420264 ↩

  6. Ahamed, Shamim (15 June 2017). "Samsung opening electronics plant in Bangladesh". bdnews24.com. https://bdnews24.com/business/2017/06/15/samsung-opening-electronics-plant-in-bangladesh ↩

  7. "Butterfly opens LG TV manufacturing unit". The Daily Observer. https://www.observerbd.com/details.php?id=127863 ↩

  8. Mirdha, Refayet Ullah (2018-03-15). "LG, Butterfly to make LED TV locally". The Daily Star. https://www.thedailystar.net/business/lg-electronics-butterfly-make-led-tv-television-refrigerators-and-air-conditioners-in-bangladesh-1548484 ↩

  9. "Walton inaugurates country's first smartphone factory". Banglanews24.com. 2017-10-05. https://www.banglanews24.com/english/national/news/bd/64082.details ↩

  10. "Bangladesh's first ever Walton Smartphone Plant inaugurated". NTV. 5 October 2017. Archived from the original on 3 December 2018. https://web.archive.org/web/20181203124550/http://en.ntvbd.com/business/149183/Bangladesh%E2%80%99s-first-ever-Walton-Smartphone-Plant-inaugurated ↩

  11. "Samsung Mobile: Locally made sets to hit market soon". The Daily Star. 2018-04-04. https://www.thedailystar.net/frontpage/samsung-mobile-locally-made-sets-hit-market-soon-1557781 ↩

  12. Islam, Muhammad Zahidul (2020-02-06). "Samsung Galaxy Note10+ now made in Bangladesh". The Daily Star. https://www.thedailystar.net/business/news/samsung-galaxy-note10-now-made-bangladesh-1864126 ↩

  13. "Company Profile". Transsion. Archived from the original on 2017-02-11. https://web.archive.org/web/20170211194943/http://www.transsion.com/en/mobile/about/profile.html ↩

  14. Islam, Muhammad Zahidul (2018-10-12). "5th mobile assembly plant opens today". The Daily Star. https://www.thedailystar.net/business/telecom/news/5th-mobile-assembly-plant-opens-today-1646035 ↩

  15. Islam, Muhammad Zahidul (2017-08-30). "Huawei eyes Bangladesh's growing smartphone market". The Daily Star. https://www.thedailystar.net/business/telecom/huawei-considers-smartphone-assembly-line-bangladesh-1455979 ↩

  16. Islam, Muhammad Zahidul (2019-07-15). "Vivo to open mobile assembly plant in Bangladesh". The Daily Star. https://www.thedailystar.net/business/vivo-open-smartphone-assembly-plant-in-bangladesh-1771588 ↩

  17. Islam, Muhammad Zahidul (2019-11-04). "Oppo opens local plant". The Daily Star. Retrieved 2021-10-22. https://www.thedailystar.net/business/news/oppo-opens-local-plant-1822858 ↩

  18. "OPPO to start selling smartphone 'Manufactured in Bangladesh'". The Business Standard. 2019-11-11. https://www.tbsnews.net/tech/smartphones/oppo-start-selling-smartphone-manufactured-bangladesh ↩

  19. "Realme launches 'Made in Bangladesh' phone". Daily Bangladesh. 2020-02-25. https://www.daily-bangladesh.com/english/Realme-launches-Made-in-Bangladesh-phone/37750 ↩

  20. গাজীপুরের কারখানায় উৎপাদনে নোকিয়া, বছরে ৫০ লাখ হ্যান্ডসেট. techshohor.com (in Bengali). 2021-11-10. গাজীপুরের কারখানায় উৎপাদনে নোকিয়া, বছরে ৫০ লাখ হ্যান্ডসেট ↩

  21. নতুন স্বপ্ন নিয়ে বাংলাদেশেই তৈরি হচ্ছে বিশ্বখ্যাত নোকিয়া. jagonews24.com (in Bengali). 2021-11-08. নতুন স্বপ্ন নিয়ে বাংলাদেশেই তৈরি হচ্ছে বিশ্বখ্যাত নোকিয়া ↩

  22. "Xiaomi opens smartphone manufacturing plant in Gazipur". The Daily Star. 2021-10-21. https://www.thedailystar.net/business/news/xiaomi-opens-smartphone-manufacturing-plant-gazipur-2203111 ↩

  23. "Transsion opens new factory in Bangladesh". The Business Standard. 2023-05-24. Retrieved 2025-01-05. https://www.tbsnews.net/economy/transsion-opens-new-factory-bangladesh-637502 ↩

  24. Mahmud, Salah Uddin (2 November 2020). "Best Electronics to go public for Tk100cr". The Business Standard. https://www.tbsnews.net/economy/stock/best-electronics-go-public-tk100cr-152998 ↩

  25. "Bangladesh turning into a consumer electronics manufacturing hub". The Daily Star. 2024-03-18. Retrieved 2025-01-09. https://www.thedailystar.net/business/news/bangladesh-turning-consumer-electronics-manufacturing-hub-3568926 ↩

  26. "Singer begins manufacturing washing machines in Bangladesh". New Age. 11 May 2021. https://www.newagebd.net/article/137740/singer-begins-manufacturing-washing-machines-in-bangladesh ↩

  27. রোবটের প্রতি ভালোবাসা!. Prothom Alo (in Bengali). 12 March 2016. রোবটের প্রতি ভালোবাসা! ↩

  28. দেশে নকিয়ার উৎপাদন শুরু, করবে শাওমিও. Daily Manobkantha (in Bengali). 2021-10-12. দেশে নকিয়ার উৎপাদন শুরু, করবে শাওমিও ↩

  29. "Transsion opens new factory in Bangladesh". The Business Standard. 2023-05-24. Retrieved 2025-01-05. https://www.tbsnews.net/economy/transsion-opens-new-factory-bangladesh-637502 ↩

  30. "Pran-RFL's smartphone coming soon". Dhaka Tribune. 2022-09-19. Retrieved 2022-09-23. https://www.dhakatribune.com/business/2022/09/19/pran-rfls-smartphone-coming-soon ↩

  31. "OnePlus officially hits Bangladesh market". businesspostbd.com. Retrieved 2024-05-14. https://businesspostbd.com/tech/oneplus-officially-hits-bangladesh-market ↩

  32. reporter, Senior (2024-02-15). "OnePlus handsets now to be assembled in Bangladesh". Views Bangladesh. Retrieved 2024-05-15. https://viewsbangladesh.com/en/oneplus-handsets-now-to-be-assembled-in-bangladesh/ ↩