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Xiaomi launches its maiden factory in Bangladesh

Staff Correspondent
22 Oct 2021 00:00:00 | Update: 22 Oct 2021 00:44:17
Xiaomi launches its maiden factory in Bangladesh

Chinese smartphone maker Xiaomi has inaugurated its maiden factory in Bangladesh on Thursday.

Global smartphone company Xiaomi established the factory through foreign direct investment in Gazipur in collaboration with DBG technology BD Ltd to manufacture its smartphones in Bangladesh.

Attending as chief guest, prime minister’s private industry and investment affairs adviser Salman F Rahman formally inaugurated the ‘Made in Bangladesh’ brand at a ceremony held at a city hotel.

Posts and Telecommunications minister Mustafa Jabbar virtually joined the inaugural ceremony while state minister for Information and Communication Zunaid Ahmed Palak also attended, among others.

DBG is a global EMS company that has been operating manufacturing businesses worldwide such as China, Vietnam, and India. DBG, which is renowned for its several consumer electronics brands, is a public-listed company in Hongkong Stock Exchange.

The company claimed to employ around 1,000 workforces in its Bangladesh plant at the initial phase. The factory is located in a standalone 4-storied building with a total area of around 55,000 sqft in Gazipur District, near the Vogra Bypass Road.

The company’s first phone to be assembled in Bangladesh belongs to the Redmi sub-brand, which is expected to be available in the market from 1st week of November 2021.  Subsequently, POCO and Xiaomi series will be made in Bangladesh.

Inaugurating the plant, Salman F Rahman said: “We have great faith in young leaders and young companies like Xiaomi. These new generation companies and entrepreneurs will be the key to the success of Bangladesh. We are happy to partner with Xiaomi to set up their first manufacturing unit in Bangladesh as part of the Digital Bangladesh initiative.”

“We believe this partnership will provide new opportunities to the country’s youth and develop an electronics manufacturing ecosystem of global standards. We welcome Xiaomi to sunrise Bangladesh.”

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