Symphony will become a successful global brand in the near future: Palak
Due to a decision of Prime Minister Sheikh Hasina, Bangladesh has now established itself as a digitally recognized country in the world as an exporter of digital devices through the production of smartphones. Symphony will lead the mission of building an 'innovative smart Bangladesh' to meet the target of $5 billion export earnings and 3 million jobs creation by the technology industry by 2025. In the near future, this company of the country will become a successful global brand like Samsung and LG of South Korea.
State Minister for ICT Zunaid Ahmed Palak expressed such optimism at an exchange meeting after visiting the factory of Symphony, one of the country's leading mobile manufacturers, at Ashulia in Savar on Saturday (April 16) afternoon.
The state minister also said that regular inspections are being carried out under the direction of the Prime Minister to take care of the facilities of the local manufacturing companies. The people concerned in the sector are expecting good days in the future with this pre-budget visit. Zakaria Shahid, managing director of Edison Group, said the visit would play a significant role in fulfilling the work ethic of the Symphony and its family and meeting the targets set by the government.
Appreciating the working environment at the Symphony factory on his way back to Dhaka after spending two days in his constituency on a public holiday, the ICT Minister said, "Coming here, I came to know that a fair price shop has been set up for about eight thousand workers apart from three and a half thousand Symphony families." From where they are able to buy daily products at a lower price than the market. In addition, the company now has 30 percent female employees. This means that they have met the target of women workers announced by the Prime Minister eight years ago. Also hired a person with special needs.
Palak said that these initiatives will take forward the implementation of the conviction of building an innovative smart Bangladesh.
He said that although Symphony came to the market with its own brand in 2008, it used to import till 2017. But due to a decision of the Prime Minister, today 15 domestic and international companies including Symphony are producing 90 percent of our local demand of 40 million smartphones in the country. Besides, export has also started. To encourage this export orientation, I, as a member of your family, will try to increase the export incentive from 10 percent to 15 percent by talking to the Honorable Adviser.
Palak also called on the Symphony authorities to set up a factory in Kaliakair Hi-Tech Park on 3 acres of land. "I hope they set up a factory there to take advantage of the high-tech park," he said. In addition, we will soon declare this one lakh 75 thousand square feet factory as Symphony Hi-Tech Company as a Hi-Tech Park.
The state minister called upon the Symphony authorities to work with the ICT team to take forward the activities they are carrying out in making mobile games as well as creating secure mobile handsets with the assurance of meeting the demand. He appreciated the features like reading and listening to Bangla SMM on Symphony phone.
Major Abdul Malek Miyaji, Director and Head of Corporate Affairs, Edison Group; Symphony’s good will ambassador Shabnam Bubli, one of the busiest actresses of Dhaliwood and film actor Riaz Hossain were present on the occasion. Head of the Human Resources Division Murad Chowdhury conducted the event.
In addition to being an essential part of our lives in various needs, mobile phones are controlling a several billion-taka-trade including production-sales, cellphone services, mobile financial services and so on. In the country, only handset sales are more than 15 billion Taka per year.
According to the Bangladesh Mobile Phone Business Association (BMBA), 12-13 companies in the country have so far invested more than Tk 5 billion in mobile phone production. The production capacity of these companies is more than 40 million units. Pran RFL too is coming to the market after Fair Electronics, Walton, Edison, the big industrial groups of the country. At present, Walton alone has the capacity to produce more than 7 million units of headphones per year. Of this, smartphone production capacity is 1.2 million units.
According to the Bangladesh Mobile Phone Business Association (BMBA), 12-13 companies in the country have so far invested more than Tk 5 billion in mobile phone production. The production capacity of these companies is more than 40 million units. Some are waiting for production with new investment. And factory and marketing combined employment of more than one lakh people. After Walton, another local brand Symphony has set up a mobile phone factory in the country. At present, the company is producing about 5 lakh units of phones per month. Symphony occupies 28 to 30 percent of the feature phone market in the country.
Palak said that these initiatives will take forward the implementation of the conviction of building an innovative smart Bangladesh.
He said that although Symphony came to the market with its own brand in 2008, it used to import till 2017. But due to a decision of the Prime Minister, today 15 domestic and international companies including Symphony are producing 90 percent of our local demand of 40 million smartphones in the country. Besides, export has also started. To encourage this export orientation, I, as a member of your family, will try to increase the export incentive from 10 percent to 15 percent by talking to the Honorable Adviser.
Palak also called on the Symphony authorities to set up a factory in Kaliakair Hi-Tech Park on 3 acres of land. "I hope they set up a factory there to take advantage of the high-tech park," he said. In addition, we will soon declare this one lakh 75 thousand square feet factory as Symphony Hi-Tech Company as a Hi-Tech Park.
The state minister called upon the Symphony authorities to work with the ICT team to take forward the activities they are carrying out in making mobile games as well as creating secure mobile handsets with the assurance of meeting the demand. He appreciated the features like reading and listening to Bangla SMM on Symphony phone.
Major Abdul Malek Miyaji, Director and Head of Corporate Affairs, Edison Group; Symphony’s good will ambassador Shabnam Bubli, one of the busiest actresses of Dhaliwood and film actor Riaz Hossain were present on the occasion. Head of the Human Resources Division Murad Chowdhury conducted the event.
In addition to being an essential part of our lives in various needs, mobile phones are controlling a several billion-taka-trade including production-sales, cellphone services, mobile financial services and so on. In the country, only handset sales are more than 15 billion Taka per year.
According to the Bangladesh Mobile Phone Business Association (BMBA), 12-13 companies in the country have so far invested more than Tk 5 billion in mobile phone production. The production capacity of these companies is more than 40 million units. Pran RFL too is coming to the market after Fair Electronics, Walton, Edison, the big industrial groups of the country. At present, Walton alone has the capacity to produce more than 7 million units of headphones per year. Of this, smartphone production capacity is 1.2 million units.
According to the Bangladesh Mobile Phone Business Association (BMBA), 12-13 companies in the country have so far invested more than Tk 5 billion in mobile phone production. The production capacity of these companies is more than 40 million units. Some are waiting for production with new investment. And factory and marketing combined employment of more than one lakh people. After Walton, another local brand Symphony has set up a mobile phone factory in the country. At present, the company is producing about 5 lakh units of phones per month. Symphony occupies 28 to 30 percent of the feature phone market in the country. 
