Local manufacturers produced 57.5 lakh smartphones from January to October this year, down about 27 percent from 78.5 crore units in the same period a year earlier
Feature phone production has more than doubled month-on-month in July as consumers turn to more affordable alternatives to smartphones amid sustained high inflation.
The grim scenario of the mobile manufacturing industry in Bangladesh continues to persist as local production plunged by half in the first six months of 2023, primarily due to the expanding grey market.
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