Symphony eyes to export smartphone by 2022

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Economic Reporter :
Local mobile phone brand, Symphony has eyed to export smartphone by 2020 with “truly” Made in Bangladesh tag.
To this end, the brand is working to expand their existing plant’s capacity along with setting up of another two plants, one is adjacent to existing one while another at Bangabandhu Hi-Tech City in Kaliakair, Gazipur.
“By 2022, the new two plants are expected to go to production and we will start export after meeting local demand,” said Jakaria Shahid, Managing Director of Edison Group, the parent company of Symphony brand.
Symphony is assembling about 1.5 lakh pieces smart phones in a month in their existing plant, located in Ashulia, outskirts of Dhaka and has been meeting local demand from June last year.
“We are also assembling about 1.25 lakh pieces of feature of phone in a month and planning to stop importing it at the end of this year,” said Jakaria Shahid.
Shahid, also the general secretary of the Bangladesh Mobile Phone Importers Association (BMPIA), however, said with the locally assembled, they are also importing few lakh pieces of basic phones every month from China to meet demand.
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