Walton Hi-Tech Industries yesterday made public the good news of its surging profits and plans to strengthen its footprint abroad, leading to a three per cent rise of its stocks.
The listed local electronic giant decided to open either branches or liaison offices in India, Nepal, the United Arab Emirates and South Korea which not only would expand its market and help source technologies.
"We are already sending our products to these countries but now we want to strengthen our market share there," said Managing Director Golam Murshed.
Special marketing and service teams will work in those offices to attain the upgradation target of becoming one of the top five global electronics giants within 2030, he said.