PM opens first-ever non-stop train service on Dhaka-Rajshahi route

[Homo Sapiens]

These are the videos from 2017, 2018, 2019. Look at the very shoddy and poor quality rail coach, dilapidated railway station. I do not find anything charming at all.

 

[hasnainfirst]

These are the videos from 2017, 2018, 2019. Look at the very shoddy and poor quality rail coach, dilapidated railway station. I do not find anything charming at at all.

Well my friend , there is no cure for jealousy ....

 

[Homo Sapiens]

Well my friend , there is no cure for jealousy ....

Not jealousy, I just checked about some big claims and unnecessary bragging and found those to be untrue. Your railway is not much better than Bangladesh, but you are taking a big shot on Bangladesh and claiming tall without substances.

 

[Bilal9]

I think its from 2010 or 2013 maybe , becuase even rickshaw drivers in Pakistan have smartphones now and video quality suggests that the video is captured by a simple camera mobile phone ...

Rickshaw drivers, maids and even a normal village farmer in Bangladesh had smartphones a decade ago and they most of the time are locally made, from scratch (at least one brand) and not assembled from-imported Chinese sub-components. There are Chinese-assembled phones too. But local ones are cheaper.

Guys let's not go into how bad things are now - we all know how bad it is, we should look to getting to 'good' from 'bad' and how to get there.

 

[bluesky]

I wonder about this non-stop Dhaka-Rajshahi train. I ask:

- Why it will not touch at least at a few stations in between?
- Why there is only one up and one down train? Why not a train every hour at least?

 

[hasnainfirst]

Rickshaw drivers, maids and even a normal village farmer in Bangladesh had smartphones a decade ago

Hahahaha .... stop it , you're making me laugh soo hard

 

[Bilal9]

Hahahaha .... stop it , you're making me laugh soo hard

To operate a smartphone you need some braincells first.



Bangladesh Smartphone Market Grew 20% Annually
DECEMBER 29, 2016
|IN PRESS RELEASE
|BY SHOBHIT SRIVASTAVA

Bangladesh Smartphone Market Grew 20% Annually

New Delhi, Mumbai, Hong Kong, Seoul, London, Buenos Aires – Dec 2016

As per latest research from our Market Monitor program for Q3 2016 (Jul-Sep), Bangladesh mobile phone market declined 4% YoY for the first time. However, the smartphone sub-segment saw a strong 20% growth highlighting a rapid decline in feature phone demand (-10% YoY) during the quarter. After a weak first quarter the sell-in picked up in second quarter, the growth continued in the third quarter.

Counterpoint Senior Analyst SuJeong Lim, noted, “Although Bangladesh mobile phone market is driven by feature phones, smartphone percent share of the total shipments has been growing every quarter. The smartphones as a share of total mobile phones is estimated to rise from 28% to almost 50% by the end of 2017.

The rise of smartphones is fuelled by the launch of affordable 3G devices in the sub-5000 BDT (or sub-65 USD) category mainly driven by local brands such as Symphony and Walton. Global brands Samsung with its J series smartphones along with Huawei and Oppo are pushing the 4G LTE capable smartphones in sub 12000 BDT (sub-USD 150 segment), the next battleground for differentiation in Bangladesh smartphone segment in 2017. LTE capable smartphones now contribute to nearly one on four smartphones shipped in Bangladesh”

Counterpoint Research Analyst Pavel Naiya, added, “Bangladesh market is mainly dominated by local players with a combined share of two-thirds of the total mobile phone market. Symphony Mobile remained the single largest mobile phone brand followed by Winmax mobile and others. Smaller Chinese brands are feeling the pressure and continue to lose market share with entry of global players such as Oppo and Xiaomi have entered the smartphone market and local players are upping the ante with low cost smartphones to sustain market share.”

Market Summary:

• Bangladesh mobile phone market grew 14% sequentially and declined 4% Y-o-Y.

• Smartphone market grew a healthy 20% annually and saw 5% sequential growth.
• Smartphone shipments contributed to 28% of the total mobile phone shipments, signaling that more vendors have now greater mix of smartphones in their device portfolio.
• Symphony mobile leads by a distance in both overall mobile phone and the fast-growing smartphone sub-segment with a market share of 41% and 45% respectively. It continues to stay ahead of the competition through its affordable offerings, effective localization of software and services, expansive distribution and strong connect with local users.
• Symphony V75, a US$59 retail 5” smartphone model was best-selling model in Bangladesh during the quarter.
• Winmax mobile captured the second position in overall mobile phones away from Samsung with a 32% QoQ growth driven mainly by feature phones.
• Samsung has slipped to become the third largest mobile phone brand in Bangladesh but still holds the second position in the fast-growing smartphone market with a 15% market share.
• Samsung’s J series remains the driving factor for the South Korean mobile phone giant in the country. Galaxy J2 was the best-selling smartphone for Samsung during the quarter.
• Walton mobile, the fourth largest mobile phone player in Bangladesh in Q3 launched new models in the quarter to maintain its position in top five rankings in both feature as well as smartphones.
• Huawei that entered the top 5 smartphone brands list first in 1Q 2016 continues to perform well in the segment, moving up into top three spots in 3Q 2016 for the first time. The growth was mainly driven by its affordable Y-series smartphones.
• Micromax India that is struggling in its home market continues to also lose market share in Bangladesh and is out of the top 10 mobile phone brands list in 3Q 2016.
• Bangladesh mobile phone maker Kingstar jumped to fifth spot in the mobile phone segment, the company shipped only feature phones during the quarter riding on the wave of high demand for feature phone.
• Indian brand LAVA that entered the Bangladesh market in 2013, remained strong and remained within top five smartphone brands in the country, its smartphone market share now stands at 8%. The low-cost IRIS 505 drove the growth for LAVA in 3Q 2016.

Exhibit 1: Bangladesh Top 10 Smartphone Models

Source: Counterpoint Research Market Monitor 3Q 2016 Country Report

Exhibit 2: Bangladesh Mobile Phone and Smartphone Shipments

Source: Counterpoint Research Market Monitor 3Q 2016 Report

The comprehensive and in-depth 3Q 2016 Bangladesh Market Monitor is available for subscribing clients. Please feel free to reach out to us at press@counterpointresearch.com for further questions regarding our in-depth latest research, insights or press enquiries.

The Market Monitor research is based on sell-in (shipments) estimates based on vendor’s IR results, vendor polling triangulated with sell-through (sales), supply chain checks and secondary research.

------------------------------------------------------------------------------------------------------------





Chinese brands grew 25% YoY in Bangladesh during Q1 2018. Symphony still leads the Market.
MAY 8, 2018
|IN PRESS RELEASE
|BY SATYAJIT SINHA

New Delhi, Mumbai, Hong Kong, Seoul, London, Buenos Aires

May 8th, 2018

4G Smartphones now contribute to 42% of total smartphone shipments even though telcos only recently started 4G operations

With recent hike in duties, some OEMs started assembling locally in Q1 2018



According to the latest research from Counterpoint’s Market Monitor program for Q1 2018 (Jan-March), the Bangladesh Smartphone Market declined 18% Y-o-Y and grew 3% sequentially.

Chinese brands continue to grow in Bangladesh and now capture 38% of the smartphone segment, growing 25% YoY.

Commenting on the findings, Tarun Pathak, Associate Director at Counterpoint Research said, “Bangladesh’s Smartphone Market declined 18% YoY as consumers decided to postpone their device purchases in anticipation of value for money 4G smartphone offerings in the coming quarters. 4G network rollouts started during Q1 2018 by leading telcos such as Grameenphone, Robi Axiata and Banglalink. As network coverage expands over a period of time, the demand of 4G smartphones will pick-up in the coming quarters. According to our estimates, the overall smartphone market in Bangladesh will grow 16% YoY in CY 2018”

Highlighting the competitive landscape of Bangladesh’s smartphone market, Satyajit Sinha, Research Analyst at Counterpoint Research said, “Even with the onslaught of Chinese brands with affordable offering in the sub $100 segment, local brand Symphony continues to lead the market with its value-for-money offerings. Walton, another local brand, grew 74% YoY as it expanded its presence in rural Bangladesh. iTel was the fastest growing smartphone brand (+564%) as it captured the third spot in the smartphone segment with its aggressive channel strategies. Going forward, expect strong competition among the top five brands.”

Mr. Sinha, further added, “OEMs will have to consider investing in local assembly. With the recent hike in import duties, some OEMs have already started assembling locally and this can give them an edge over other brands in terms of pricing. Walton has already started local assembly and other leading brands such as Transsion, Symphony, Lava and Samsung have outlined plans to start assembling soon.”

(Note: Transsion, Symphony and Samsung have local assembly plants as of late 2018)

Exhibit 1: Bangladesh Smartphone Shipments

Source: Counterpoint Research Market Monitor Q1 2018 Report



Smartphone Market Summary:

• Bangladesh smartphone shipments declined 18% YoY and grew 3% sequentially.
• Smartphone shipments contributed to 21% of the total mobile phone shipments, signalling a slow but steady adoption of smartphones.
• Symphony remained the leading smartphone brand in Bangladesh with 21% market share.
• Walton was the only other Bangladesh brand featured among the top five smartphone brands with 15% market share surpassing Samsung. Walton smartphone shipments grew by 74% YoY, with its local manufacturing contributing to 25% of its smartphone shipments in Q1 2018.
• iTel, became the fastest smartphone brand growing +564% YoY in Q1 2018 capturing 10% market share during the quarter. Aggressive promotions along with its low-cost entry level smartphones offerings were the reasons for its success. It captured the third spot by surpassing both Samsung and Huawei in Q1 2018. iTel’s S11 was the popular model during this quarter.
• Samsung smartphone shipments declined 46% YoY with 10% market share. However, Samsung is leading the 4G smartphone segment with 21% market share due to its “J series” models, which alone contributes to 17% of the total 4G smartphone shipments in Q1 2018.
• Huaweiclinched the fifth spot in the smartphone segment with 8% market share during the quarter. Huawei’s Y series (Y3) was the popular 4G model. Huawei contributed to 20% of the total 4G smartphone shipments in Bangladesh during Q1 2018
• Grameenphone, Robi Axiata and Banglalink launched 4G services at the end of February. However, most users are still waiting for nationwide full deployment of 4G networks which has extended the smartphone replacement cycle in the country.

Exhibit 2: Bangladesh Smartphone Shipment by Broad Category Q1 2018

Source: Counterpoint Research Market Monitor Q1 2018 Report

The comprehensive and in-depth Q1 2018 Bangladesh Market Monitor is available for subscribing clients. Please feel free to reach out to us at press(at)counterpointresearch.com for further questions regarding our in-depth latest research, insights or press enquiries.

The Market Monitor research is based on sell-in (shipments) estimates based on vendor’s IR results, vendor polling triangulated with sell-through (sales), supply chain checks and secondary research.

----------------------------------------------------------------------------------------------------------------





4G Smartphones now contribute to 42% of total smartphone shipments even though telcos only recently started 4G operations
MAY 9, 2018
|IN INSIGHTS
|BY SATYAJIT SINHA

According to the latest research from Counterpoint’s Market Monitor program for Q1 2018 (Jan-March), the Bangladesh Smartphone Market declined 18% Y-o-Y and grew 3% sequentially. Chinese brands continue to grow in Bangladesh and now capture 38% of the smartphone segment, growing 25% YoY.

Bangladesh’s Smartphone Market declined 18% YoY as consumers decided to postpone their device purchases in anticipation of value for money 4G smartphone offerings in the coming quarters. 4G network rollouts started during Q1 2018 by leading telcos such as Grameenphone, Robi Axiata, and Banglalink. As network coverage expands over a period of time, the demand for 4G smartphones will pick-up in the coming quarters. According to our estimates, the overall smartphone market in Bangladesh will grow 16% YoY in CY 2018.

Even with the onslaught of Chinese brands with affordable offering in the sub $100 segment, local brand Symphony continues to lead the market with its value-for-money offerings. Walton, another local brand, grew 74% YoY as it expanded its presence in rural Bangladesh. iTel was the fastest growing smartphone brand (+564%) as it captured the third spot in the smartphone segment with its aggressive channel strategies. Going forward, expect strong competition among the top five brands

OEMs will have to consider investing in local assembly. With the recent hike in import duties, some OEMs have already started assembling locally and this can give them an edge over other brands in terms of pricing. Walton has already started local assembly and other leading brands such as Transsion, Symphony, Lava and Samsung have outlined plans to start assembling soon.

(Note: most brands now assemble locally and some manufacture from scratch - meaning circuitboard and screen level).

Exhibit 1: Bangladesh Smartphone Shipments

Source: Counterpoint Research Market Monitor Q1 2018 Report



Smartphone Market Summary:

• Bangladesh smartphone shipments declined 18% YoY and grew 3% sequentially.
• Smartphone shipments contributed to 21% of the total mobile phone shipments, signalling a slow but steady adoption of smartphones.
• Symphony remained the leading smartphone brand in Bangladesh with 21% market share.
• Walton was the only other Bangladesh brand featured among the top five smartphone brands with 15% market share surpassing Samsung. Walton smartphone shipments grew by 74% YoY, with its local manufacturing contributing to 25% of its smartphone shipments in Q1 2018.
• iTel, became the fastest smartphone brand growing +564% YoY in Q1 2018 capturing 10% market share during the quarter. Aggressive promotions along with its low-cost entry level smartphones offerings were the reasons for its success. It captured the third spot by surpassing both Samsung and Huawei in Q1 2018. iTel’s S11 was the popular model during this quarter.
• Samsung smartphone shipments declined 46% YoY with 10% market share. However, Samsung is leading the 4G smartphone segment with 21% market share due to its “J series” models, which alone contributes to 17% of the total 4G smartphone shipments in Q1 2018.
• Huaweiclinched the fifth spot in the smartphone segment with 8% market share during the quarter. Huawei’s Y series (Y3) was the popular 4G model. Huawei contributed to 20% of the total 4G smartphone shipments in Bangladesh during Q1 2018
• Grameenphone, Robi Axiata and Banglalink launched 4G services at the end of February. However, most users are still waiting for nationwide full deployment of 4G networks which has extended the smartphone replacement cycle in the country.

Exhibit 2: Bangladesh Smartphone Shipment by Broad Category Q1 2018

Source: Counterpoint Research Market Monitor Q1 2018 Report

The comprehensive and in-depth Q1 2018 Bangladesh Market Monitor is available for subscribing clients. Please feel free to reach out to us at press(at)counterpointresearch.com for further questions regarding our in-depth latest research, insights or press enquiries.

The Market Monitor research is based on sell-in (shipments) estimates based on vendor’s IR results, vendor polling triangulated with sell-through (sales), supply chain checks and secondary research.

 

[hasnainfirst]

To operate a smartphone you need some braincells first.



Bangladesh Smartphone Market Grew 20% Annually
DECEMBER 29, 2016
|IN PRESS RELEASE
|BY SHOBHIT SRIVASTAVA

Bangladesh Smartphone Market Grew 20% Annually

New Delhi, Mumbai, Hong Kong, Seoul, London, Buenos Aires – Dec 2016

As per latest research from our Market Monitor program for Q3 2016 (Jul-Sep), Bangladesh mobile phone market declined 4% YoY for the first time. However, the smartphone sub-segment saw a strong 20% growth highlighting a rapid decline in feature phone demand (-10% YoY) during the quarter. After a weak first quarter the sell-in picked up in second quarter, the growth continued in the third quarter.

Counterpoint Senior Analyst SuJeong Lim, noted, “Although Bangladesh mobile phone market is driven by feature phones, smartphone percent share of the total shipments has been growing every quarter. The smartphones as a share of total mobile phones is estimated to rise from 28% to almost 50% by the end of 2017.

The rise of smartphones is fuelled by the launch of affordable 3G devices in the sub-5000 BDT (or sub-65 USD) category mainly driven by local brands such as Symphony and Walton. Global brands Samsung with its J series smartphones along with Huawei and Oppo are pushing the 4G LTE capable smartphones in sub 12000 BDT (sub-USD 150 segment), the next battleground for differentiation in Bangladesh smartphone segment in 2017. LTE capable smartphones now contribute to nearly one on four smartphones shipped in Bangladesh”

Counterpoint Research Analyst Pavel Naiya, added, “Bangladesh market is mainly dominated by local players with a combined share of two-thirds of the total mobile phone market. Symphony Mobile remained the single largest mobile phone brand followed by Winmax mobile and others. Smaller Chinese brands are feeling the pressure and continue to lose market share with entry of global players such as Oppo and Xiaomi have entered the smartphone market and local players are upping the ante with low cost smartphones to sustain market share.”

Market Summary:

• Bangladesh mobile phone market grew 14% sequentially and declined 4% Y-o-Y.

• Smartphone market grew a healthy 20% annually and saw 5% sequential growth.
• Smartphone shipments contributed to 28% of the total mobile phone shipments, signaling that more vendors have now greater mix of smartphones in their device portfolio.
• Symphony mobile leads by a distance in both overall mobile phone and the fast-growing smartphone sub-segment with a market share of 41% and 45% respectively. It continues to stay ahead of the competition through its affordable offerings, effective localization of software and services, expansive distribution and strong connect with local users.
• Symphony V75, a US$59 retail 5” smartphone model was best-selling model in Bangladesh during the quarter.
• Winmax mobile captured the second position in overall mobile phones away from Samsung with a 32% QoQ growth driven mainly by feature phones.
• Samsung has slipped to become the third largest mobile phone brand in Bangladesh but still holds the second position in the fast-growing smartphone market with a 15% market share.
• Samsung’s J series remains the driving factor for the South Korean mobile phone giant in the country. Galaxy J2 was the best-selling smartphone for Samsung during the quarter.
• Walton mobile, the fourth largest mobile phone player in Bangladesh in Q3 launched new models in the quarter to maintain its position in top five rankings in both feature as well as smartphones.
• Huawei that entered the top 5 smartphone brands list first in 1Q 2016 continues to perform well in the segment, moving up into top three spots in 3Q 2016 for the first time. The growth was mainly driven by its affordable Y-series smartphones.
• Micromax India that is struggling in its home market continues to also lose market share in Bangladesh and is out of the top 10 mobile phone brands list in 3Q 2016.
• Bangladesh mobile phone maker Kingstar jumped to fifth spot in the mobile phone segment, the company shipped only feature phones during the quarter riding on the wave of high demand for feature phone.
• Indian brand LAVA that entered the Bangladesh market in 2013, remained strong and remained within top five smartphone brands in the country, its smartphone market share now stands at 8%. The low-cost IRIS 505 drove the growth for LAVA in 3Q 2016.

Exhibit 1: Bangladesh Top 10 Smartphone Models

Source: Counterpoint Research Market Monitor 3Q 2016 Country Report

Exhibit 2: Bangladesh Mobile Phone and Smartphone Shipments

Source: Counterpoint Research Market Monitor 3Q 2016 Report

The comprehensive and in-depth 3Q 2016 Bangladesh Market Monitor is available for subscribing clients. Please feel free to reach out to us at press@counterpointresearch.com for further questions regarding our in-depth latest research, insights or press enquiries.

The Market Monitor research is based on sell-in (shipments) estimates based on vendor’s IR results, vendor polling triangulated with sell-through (sales), supply chain checks and secondary research.

------------------------------------------------------------------------------------------------------------





Chinese brands grew 25% YoY in Bangladesh during Q1 2018. Symphony still leads the Market.
MAY 8, 2018
|IN PRESS RELEASE
|BY SATYAJIT SINHA

New Delhi, Mumbai, Hong Kong, Seoul, London, Buenos Aires

May 8th, 2018

4G Smartphones now contribute to 42% of total smartphone shipments even though telcos only recently started 4G operations

With recent hike in duties, some OEMs started assembling locally in Q1 2018



According to the latest research from Counterpoint’s Market Monitor program for Q1 2018 (Jan-March), the Bangladesh Smartphone Market declined 18% Y-o-Y and grew 3% sequentially.

Chinese brands continue to grow in Bangladesh and now capture 38% of the smartphone segment, growing 25% YoY.

Commenting on the findings, Tarun Pathak, Associate Director at Counterpoint Research said, “Bangladesh’s Smartphone Market declined 18% YoY as consumers decided to postpone their device purchases in anticipation of value for money 4G smartphone offerings in the coming quarters. 4G network rollouts started during Q1 2018 by leading telcos such as Grameenphone, Robi Axiata and Banglalink. As network coverage expands over a period of time, the demand of 4G smartphones will pick-up in the coming quarters. According to our estimates, the overall smartphone market in Bangladesh will grow 16% YoY in CY 2018”

Highlighting the competitive landscape of Bangladesh’s smartphone market, Satyajit Sinha, Research Analyst at Counterpoint Research said, “Even with the onslaught of Chinese brands with affordable offering in the sub $100 segment, local brand Symphony continues to lead the market with its value-for-money offerings. Walton, another local brand, grew 74% YoY as it expanded its presence in rural Bangladesh. iTel was the fastest growing smartphone brand (+564%) as it captured the third spot in the smartphone segment with its aggressive channel strategies. Going forward, expect strong competition among the top five brands.”

Mr. Sinha, further added, “OEMs will have to consider investing in local assembly. With the recent hike in import duties, some OEMs have already started assembling locally and this can give them an edge over other brands in terms of pricing. Walton has already started local assembly and other leading brands such as Transsion, Symphony, Lava and Samsung have outlined plans to start assembling soon.”

(Note: Transsion, Symphony and Samsung have local assembly plants as of late 2018)

Exhibit 1: Bangladesh Smartphone Shipments

Source: Counterpoint Research Market Monitor Q1 2018 Report



Smartphone Market Summary:

• Bangladesh smartphone shipments declined 18% YoY and grew 3% sequentially.
• Smartphone shipments contributed to 21% of the total mobile phone shipments, signalling a slow but steady adoption of smartphones.
• Symphony remained the leading smartphone brand in Bangladesh with 21% market share.
• Walton was the only other Bangladesh brand featured among the top five smartphone brands with 15% market share surpassing Samsung. Walton smartphone shipments grew by 74% YoY, with its local manufacturing contributing to 25% of its smartphone shipments in Q1 2018.
• iTel, became the fastest smartphone brand growing +564% YoY in Q1 2018 capturing 10% market share during the quarter. Aggressive promotions along with its low-cost entry level smartphones offerings were the reasons for its success. It captured the third spot by surpassing both Samsung and Huawei in Q1 2018. iTel’s S11 was the popular model during this quarter.
• Samsung smartphone shipments declined 46% YoY with 10% market share. However, Samsung is leading the 4G smartphone segment with 21% market share due to its “J series” models, which alone contributes to 17% of the total 4G smartphone shipments in Q1 2018.
• Huaweiclinched the fifth spot in the smartphone segment with 8% market share during the quarter. Huawei’s Y series (Y3) was the popular 4G model. Huawei contributed to 20% of the total 4G smartphone shipments in Bangladesh during Q1 2018
• Grameenphone, Robi Axiata and Banglalink launched 4G services at the end of February. However, most users are still waiting for nationwide full deployment of 4G networks which has extended the smartphone replacement cycle in the country.

Exhibit 2: Bangladesh Smartphone Shipment by Broad Category Q1 2018

Source: Counterpoint Research Market Monitor Q1 2018 Report

The comprehensive and in-depth Q1 2018 Bangladesh Market Monitor is available for subscribing clients. Please feel free to reach out to us at press(at)counterpointresearch.com for further questions regarding our in-depth latest research, insights or press enquiries.

The Market Monitor research is based on sell-in (shipments) estimates based on vendor’s IR results, vendor polling triangulated with sell-through (sales), supply chain checks and secondary research.

----------------------------------------------------------------------------------------------------------------





4G Smartphones now contribute to 42% of total smartphone shipments even though telcos only recently started 4G operations
MAY 9, 2018
|IN INSIGHTS
|BY SATYAJIT SINHA

According to the latest research from Counterpoint’s Market Monitor program for Q1 2018 (Jan-March), the Bangladesh Smartphone Market declined 18% Y-o-Y and grew 3% sequentially. Chinese brands continue to grow in Bangladesh and now capture 38% of the smartphone segment, growing 25% YoY.

Bangladesh’s Smartphone Market declined 18% YoY as consumers decided to postpone their device purchases in anticipation of value for money 4G smartphone offerings in the coming quarters. 4G network rollouts started during Q1 2018 by leading telcos such as Grameenphone, Robi Axiata, and Banglalink. As network coverage expands over a period of time, the demand for 4G smartphones will pick-up in the coming quarters. According to our estimates, the overall smartphone market in Bangladesh will grow 16% YoY in CY 2018.

Even with the onslaught of Chinese brands with affordable offering in the sub $100 segment, local brand Symphony continues to lead the market with its value-for-money offerings. Walton, another local brand, grew 74% YoY as it expanded its presence in rural Bangladesh. iTel was the fastest growing smartphone brand (+564%) as it captured the third spot in the smartphone segment with its aggressive channel strategies. Going forward, expect strong competition among the top five brands

OEMs will have to consider investing in local assembly. With the recent hike in import duties, some OEMs have already started assembling locally and this can give them an edge over other brands in terms of pricing. Walton has already started local assembly and other leading brands such as Transsion, Symphony, Lava and Samsung have outlined plans to start assembling soon.

(Note: most brands now assemble locally and some manufacture from scratch - meaning circuitboard and screen level).

Exhibit 1: Bangladesh Smartphone Shipments

Source: Counterpoint Research Market Monitor Q1 2018 Report



Smartphone Market Summary:

• Bangladesh smartphone shipments declined 18% YoY and grew 3% sequentially.
• Smartphone shipments contributed to 21% of the total mobile phone shipments, signalling a slow but steady adoption of smartphones.
• Symphony remained the leading smartphone brand in Bangladesh with 21% market share.
• Walton was the only other Bangladesh brand featured among the top five smartphone brands with 15% market share surpassing Samsung. Walton smartphone shipments grew by 74% YoY, with its local manufacturing contributing to 25% of its smartphone shipments in Q1 2018.
• iTel, became the fastest smartphone brand growing +564% YoY in Q1 2018 capturing 10% market share during the quarter. Aggressive promotions along with its low-cost entry level smartphones offerings were the reasons for its success. It captured the third spot by surpassing both Samsung and Huawei in Q1 2018. iTel’s S11 was the popular model during this quarter.
• Samsung smartphone shipments declined 46% YoY with 10% market share. However, Samsung is leading the 4G smartphone segment with 21% market share due to its “J series” models, which alone contributes to 17% of the total 4G smartphone shipments in Q1 2018.
• Huaweiclinched the fifth spot in the smartphone segment with 8% market share during the quarter. Huawei’s Y series (Y3) was the popular 4G model. Huawei contributed to 20% of the total 4G smartphone shipments in Bangladesh during Q1 2018
• Grameenphone, Robi Axiata and Banglalink launched 4G services at the end of February. However, most users are still waiting for nationwide full deployment of 4G networks which has extended the smartphone replacement cycle in the country.

Exhibit 2: Bangladesh Smartphone Shipment by Broad Category Q1 2018

Source: Counterpoint Research Market Monitor Q1 2018 Report

The comprehensive and in-depth Q1 2018 Bangladesh Market Monitor is available for subscribing clients. Please feel free to reach out to us at press(at)counterpointresearch.com for further questions regarding our in-depth latest research, insights or press enquiries.

The Market Monitor research is based on sell-in (shipments) estimates based on vendor’s IR results, vendor polling triangulated with sell-through (sales), supply chain checks and secondary research.

Good effort , but i was trolling you for some other reason , maybe yor puny mind did'nt get that , see my last reply again

 

[Nilgiri]

Good effort , but i was trolling you for some other reason , maybe yor puny mind did'nt get that , see my last reply again

A full 10 years ago already!

Cut him some slack, he's homosexual (tries his best to disguise it) and you should have seen how much he cried over the news his sweetheart miracle company (Walton) delayed export target of 1 billion by 10 full years lol.

So this "10 years" thing has been stuck in his head since and he tries to put reverse positive spin on it wherever he can, however stupid it sounds lol.

 

[UKBengali]

A full 10 years ago already!

Cut him some slack, he's homosexual (tries his best to disguise it) and you should have seen how much he cried over the news his sweetheart miracle company (Walton) delayed export target of 1 billion by 10 full years lol.

So this "10 years" thing has been stuck in his head since and he tries to put reverse positive spin on it wherever he can, however stupid it sounds lol.

Big deal about 1 billion dollar export target by 2028.

BD would not even be middle income by then and you expect Walton to be exporting many billions by then?!

 

[Nilgiri]

Big deal about 1 billion dollar export target by 2028.

BD would not even be middle income by then and you expect Walton to be exporting many billions by then?!

I'm just saying it was projected they would be exporting a billion by right now (like before 2020 etc)....and then news came it was 10 year target....and billu and co got super sad at that lol.

A billion right now would have been a big deal after all. BD only exports 3.4 billion or so of non-RMG. So an extra billion would have been like 30% growth (and like 100% - 500% growth in the kind of stuff that Walton does, given most non RMG export by BD is like shrimp I think)!

We know how you all love low -base kicking in to provide feel good growth numbers

 

[Bilal9]