A new research report released on Wednesday stated that Itel's growth rate exceeds that of Samsung Electronics, which dropped its shipment by 46%.
According to market research firm Counterpoint Research, the Chinese smart phone brand continues to grow in Bangladesh and now has a 38% share of the country’s smartphone market. In the first quarter of this year, shipments of smart phone brands in China increased by 25% year-on-year in Bangladesh. , And the country's entire smartphone market is declining over the same period.
Tarun Pathak, deputy director of the market research company, said in a statement, 'The smart phone market in Bangladesh has fallen by 18% year-on-year. Consumers have decided to postpone the purchase of mobile phones and look forward to purchasing goods after several quarters. Value-for-money 4G smartphone product. '
Pasak also said that several leading telecom operators such as Grameenphone, Robi Axiata, and Banglalink have already launched 4G networks since the first quarter of this year. With the expansion of network coverage in a period of time, the market is facing 4G smartphones. Demand will increase in the coming quarters. '
According to Counterpoint Research estimates, the entire smart phone market in Bangladesh will increase by 16% year-on-year in 2018.
Although the Chinese brand's mobile phone market in Bangladesh is below $100, the Bangladeshi local brand Symphony still leads the market with its value-for-money products.