China/Bangladesh: Low-cost Chinese mobile phone makers threaten market dominance

Mobile phones made in China and sold at lower costs than their Korean or Western counterparts are reportedly threatening their competition with a market takeover as the competitive prices win over impoverished individuals within Bangladesh.

Acceding to reports, people can buy cell phones for less than $20 by Chinese companies like Symphony, Sprint, Digital and others; those companies are now establishing a solid reputation for their brand as they challenge more expensive rivals like Nokia and Samsung, which once dominated the Bangladeshi market.

Further, the increased sales of cheaper cell phones are promoting the growth of Bangladesh’s telecommunications sector, according to the general secretary of the Mobile Handset Importers Association of Bangladesh.

The nation’s Telecommunications Regulatory Commission has reported major increases in the number of subscribers to the nation’s mobile six operators by millions.

Full Content: Global Times

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