Highlights
- Xiaomi begins electronics motherboards making domestically
- With it, Redmi 10C is Xiaomi’s 1st smartphone out there now
- Xiaomi’s Gazipur plant can produce 6,000 motherboards each day
- The initiative to convey one other $5m funding, create 100 jobs
Chinese language shopper electronics and smartphone-maker Xiaomi has begun manufacturing printed circuit board meeting, which is called cell phone motherboards, domestically in Bangladesh as a part of its dedication to the “Good Bangladesh” initiative.
The corporate, in partnership with native electronics-maker DBG Expertise BD Ltd, has established a floor mount know-how plant in Gazipur with state-of-the-art know-how and equipment, with a capability to supply 6,000 motherboards per day, stated officers.
That is anticipated so as to add 10% worth to Xiaomi smartphones manufactured domestically, based on Ziauddin Chowhury, nation supervisor of Xiaomi Bangladesh.
He stated, “The Redmi 10C is the primary smartphone out there available in the market with domestically produced motherboards.”
Xiaomi began its native smartphone journey in October final yr after establishing an meeting plant in Gazipur. Within the first and second of 2022, the cellular model captured the highest spot in Bangladesh’s smartphone market with a 28.8% share, experiences Counterpoint’s Market Monitor Service.
About 95% of the demand for Xiaomi smartphones within the nation is met by the native manufacturing facility as all of the entry and mid-range telephones like Redmi 10A, Redmi 10C, and Redmi Word 11 are being produced domestically.
The corporate has thus far invested round $15 million within the Gazipur plant – producing 600 jobs largely for Bangladeshis.
Ziauddin Chowhury stated the most recent motherboard-making initiative concerned a 100% overseas direct funding. They’re going to make investments one other $5 million that may create one other 100 jobs.
Xiaomi’s native collaborator DBG Expertise can also be a worldwide electronics producer with operations in China, Vietnam and India.
