Home Stock Market Walton makes history with first-ever motherboard export to US

Walton makes history with first-ever motherboard export to US

by fstcap

In a landmark achievement for Bangladesh’s tech industry, local manufacturer Walton Digi-Tech Industries has become the first company from the country to export Printed Circuit Board Assembly (PCBA), commonly known as motherboards, to the United States.

In a significant move that reverses the long-standing trend of importing technology components, Walton is now emerging as an exporter of high-tech electronics to one of the world’s most demanding markets.

Confirming the development, company source said the initial consignment to the United States consists of over 2,500 units of PCB/PCBA, valued at nearly Tk 2.5 million.

This milestone builds on Walton’s previous success in the European market, where it has already exported over 10,000 PCB/PCBA units to Greece. These achievements set a new benchmark for the nation’s high-tech manufacturing sector and reinforce Walton’s vision of becoming a global leader in electronics and IT solutions.

This inaugural shipment to the US is part of a strategic partnership with Safepro Technologies Inc., a US-based company. Walton is supplying advanced PCB and PCBA units for Safepro’s innovative Soteria System, a life-saving emergency evacuation technology.

Faiz Ahmad Taiyeb, Special Assistant to the Chief Adviser (Ministry of Posts, Telecommunications & IT), felicitated Walton Digi-Tech Industries on his Facebook page on Monday evening. “We extend our heartfelt congratulations to Walton Digi-Tech Industries Limited on becoming the first Bangladeshi company to export Printed Circuit Boards Assembly to the United States market,” he said.

Taiyeb said this collaboration underscores how Bangladeshi engineering and innovation are directly contributing to global safety and technological advancement. “This breakthrough accomplishment not only showcases Walton’s world-class manufacturing capabilities but also heralds a new era for Bangladesh’s burgeoning presence in the global electronics supply chain,” he said.

The global PCBA market is a colossal industry, with a total market value estimated to be in the tens of billions of dollars annually. The market is currently dominated by established players from countries like China, Taiwan, and South Korea. These nations have long been the epicenters of electronics manufacturing, benefiting from extensive infrastructure, skilled labour, and established supply chains.

The competitive landscape is fierce, with companies competing on quality, cost, and technological innovation. Major market leaders include multinational corporations that provide end-to-end solutions for a wide range of industries, from consumer electronics and automotive to aerospace and healthcare.

Bangladesh is rapidly emerging as a new frontier in electronics manufacturing. The country offers several competitive advantages, including a large and youthful workforce, competitive labour costs, and supportive government policies aimed at boosting local manufacturing and exports.

The “Made in Bangladesh” tag, once primarily associated with the ready-made garment industry, is now gaining recognition in the high-tech sector. However, the path to becoming a major player in the global PCBA market is not without its challenges.

Bangladeshi companies face stiff competition from established manufacturers who have the advantage of scale and experience. To carve out a significant market share, the nation’s electronics industry will need to continue to focus on enhancing technological capabilities, ensuring stringent quality control, and fostering innovation.

Walton’s successful entry into the U.S. market is a promising sign that Bangladesh is on the right track.

This achievement is not just a commercial success for one company; it is a moment of national pride and a clear indicator of Bangladesh’s potential to become a significant force in the global electronics industry.

“We applaud Walton’s commitment to innovation, quality, and sustainability, and wish them continued success in their journey of expanding Bangladesh’s industrial footprint across the globe,” added Faiz Ahmad Taiyeb.

https://thefinancialexpress.com.bd/trade/amber-it-named-internet-partner-for-3rd-national-ict-scout-jamboree

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