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The smartphone market in Bangladesh witnessed a double-digit decline for the first time in seven years in 2022 while the feature phone market grew slightly at the same time, according to the latest Market Monitor report by Counterpoint Research.
Bangladesh’s mobile manufacturing industry hit a major milestone of having produced over 10 crore handsets till date, with the local plants gaining the capability of meeting almost all of the annual demand for devices in a span of just over 5 years.
Many top foreign brands have started manufacturing handsets by setting up plants in the country, while some home-grown brands are now leading the local market
Bangladesh Customs extended its Authorised Economic Operators facility to nine more companies allowing imported cargo to avoid port checks
New Age, a Dhaka-based leading English language daily newspaper, is a major source of news of Bangladesh and international affairs