Nokia will launch its first production unit in Bangladesh. After other renowned brands such as Samsung, OPPO and Realme, Nokia is set to do the same following their footprints. Vibrant Software (BD) Ltd has received provisional approval from BTRC to set up a mobile phone factory in Bangladesh. They have received permission to assemble the brand Nokia.
But still now details of the factory and plans of Nokia in the coming days are unknown. The total number of handsets manufactured and imported in the country in the 2019-20 fiscal year was 29.48 million units according to the information of BTRC. 10 companies manufactured locally 16.21 million units and on the other hand 13.27 million units were imported.
In Bangladesh the local mobile handset manufacturing industry started its journey in 2017. First electronics brand Walton launched their production. Since then, a lot of is going on. Total of ten brands – including Samsung, OPPO, Realme, Tecno, Itel – are continuing production here. These brands produce 85% of the smartphones in the local market and meet 55% of local demand for both smartphones and feature phones.