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23 June, 2021 07:53:39 AM
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Walton plans to expand LED TV export to 20 European countries by this year

Staff Reporter, Dhaka
Walton plans to expand LED TV export 
to 20 European countries by this year

Bangladesh's electronics giant Walton has set a target of widening its LED TV export to 20 European countries by this year.

Walton TV’s Head of Business in Germany Tawseef Al Mahmood said, “They set a plan to expand its TV export markets to 20 European countries by the end of 2021.’’ 

Despite the global trade and economic slowdown following the corona virus pandemic, Walton made a great success in expanding its LED TV exports to 10 European countries, including Germany, Greece, Ireland, Croatia, Spain, Poland, Italy and Romania, said a press release. 

Walton’s successful market expansion in Europe was resulted in increasing its TV export 10 times more than the previous year. 

German Ambassador to Bangladesh Peter Fahrenholtz praised Walton's remarkable achievements in expanding TV export to Europe. 

During a recent visit to Walton Hi-Tech Park at Chandra in Gazipur, the German lauded Walton’s state-of-the-art TV manufacturing factory.  
Peter Fahrenholtz said, “Walton has developed so well. I am very much impressed. Walton has a vision to be a global player through producing quality products. Today, I witnessed that Walton invested good enough on advanced technologies’ machineries mostly from Germany to produce quality products. I hope that Walton would be a global market player.’

The German envoy also termed Walton as a showcase of the Bangladesh tremendous progress in the recent years. 

Walton TV Chief Executive Officer Mostafa Nahid Hossain said, “We set a goal of becoming one of the top five global television brands in the world. As a part of this goal, we target to widen Walton TV export markets to all the countries of the 5 continents by 2023. In this case, the rapid expansion of Walton TV's export market in Europe will play an important role.

He said Walton exported 10 times more TVs to Europe in 2020 than the previous year. In the first five month of this year (January to May), Walton surpassed the export of 2020.

 

 

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Editor : M. Shamsur Rahman

Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.

Editor : M. Shamsur Rahman
Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.

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