walton
Van driver Humayun from Cumilla becomes millionaire after buying Walton fridge
Humayun Sarker, a van driver from Debidwar upazila of Cumilla, has become a millionaire after purchasing a Walton refrigerator under the “Nonstop millionaire” offer, announced by the company as part of its ongoing nationwide ‘Digital Campaign Season-20.’
Earlier, a total of 31 customers became millionaires through the campaign, according to a media release. With the slogan “Best product, best offer”, the country’s electronics giant Walton has launched the campaign’s season-20 with the offer of “Nonstop Millionaire”.
In season-20, customers are offered “nonstop millionaire” on the purchase of Walton fridge, television, air conditioner, washing machine or fan from any Walton Plaza, distributor outlet or online sales platform ‘E-plaza’ across the country. In addition, crores worth of cashback are also available.
On Saturday, popular film actor Amin Khan handed over a cheque of Tk10 lakh to Humayun Sarker at a program held in front of the Chowdhury Electronics, one of the distributors’ showrooms of Walton, at the New Market area in Cumilla city.
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The function was also attended, among others, by Municipal Mayor Saiful Islam Shamim, local politician Mamunur Rashid Mamun, Upazila Awami League President Abul Kashem, Walton’s Executive Director Monirul Haque Mona, Divisional Sales Manager Sohel Rana, Regional Sales Manager Rakibul Hasan, Chowdhury Electronics' Proprietor Saiful Islam Chowdhury.
Hailing from Gunaighor village of the upazila, Humayun Sarker bought a fridge worth Tk 45,200 from Chowdhury Electronics on March 9, 2024. His name, mobile number and the model number of the purchased fridge are digitally registered. Later, he received a message from Walton on his mobile with the notification that he was awarded Tk 10 lakh.
Thanking Walton authorities, Humayun Sarker said: “I never imagined that I would get Tk 10 lakh just for buying a fridge. This has changed my life. Walton proves that it keeps the promises given to customers.”
Calling upon all to purchase and use local products, film actor Amin Khan said, “We should buy local products to strengthen the country’s economy and create employment.”
Following the upcoming Eid festivals, Walton has targeted to meet about 80 percent of the total demands of refrigerators in the local market. To achieve the target, Walton released more than 300 models and designs of refrigerators, freezers and beverage coolers in the market. The price of these refrigerators is set between Tk 14,990 taka and Tk 2 lakh.
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Using AIOT based smart technology, intelligent inverter, Nano health care and anti-fungal door gasket technology in Walton refrigerators, along with easy installment facility for maximum 36 months, 12-year warranty on compressor with 1-year replacement facility, 5-year free after-sales service, and swift after-sales service from the nationwide ISO certified service centers are resulted in turning into the most loved brand in the local refrigerator market.
Walton brings country’s first 6-star energy rating AC
Bangladeshi electronics giant ‘Walton’ has released BSTI’s 6-star energy rating certified split type air conditioner in the domestic market. In Bangladesh, only Walton brand ACs have achieved the BSTI’s 6-Star and 5.5 Star energy rating certificates.
It is the most energy-efficient AC in South Asian countries, according to a media statement.
Only Walton AC has a 5-inch TFT color display that shows various important information including running data, performance, timing, and indoor and outdoor temperature of AC.
Walton AC can be controlled from anywhere through IoT smart control system using smart apps solution function and electricity bills are also calculated easily using the apps. Beside any defects of AC can be diagnosed through smart diagnosis system, reads the release.
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In this summer, customers are offered ‘nonstop millionaire’ on the purchase of Walton AC from any Walton Plaza, distributor outlet or online sales platform ‘E- plaza’ across the country under the Walton’s digital campaign Season-20.
Besides, crores of taka sure cashback are also available. Customers will enjoy the benefits of season-20 from March 1 to till further announcement.
Under the Walton’s AC exchange offer, customers can purchase Walton’s brand new model of split ACs with maximum Tk 23,000 discounts in exchange of their old or used ACs of any brands.
Walton AC’s Chief Business Officer (CBO) Tanvir Rahman said, “Walton is manufacturing and marketing high standard ACs with world’s largest numbers of features. In continuation of this service, Walton has released the country’s first BSTI 6-star energy rating and South Asia’s most energy efficient AC for customers in the market. The price of this new model of AC is set at Tk 65,000.”
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He added that customers can check the energy efficiency of Walton AC by contacting Walton’s nearest sales point, service center or call center at 16267.
Walton AC’s customers are getting one year replacement facility, 10-year guaranty on compressor, 3-year warranty on spare parts and 1-year free after sales service.
Walton provides swift and fast after-sales service to AC customers through 82 service points across the country under the ISO Certified Service Management System along with 300 service partners.
The skilled and experienced engineers and technicians of Walton are providing free service to AC buyers in every 100 days, added the release.
Read more: Air Conditioner Brands, Buyer Guide, Models, with Price in Bangladesh
Walton is the largest, successful pvt hi-tech park in Bangladesh: Palak
State Minister for Posts, Telecommunications and Information Technology Zunaid Ahmed Palak on Thursday said that presently, Walton Hi-Tech Industries is the largest and most successful hi-tech park in Bangladesh.
He came up with the remarks after visiting Walton headquarters at Chandra in Gazipur on Thursday.
He said that starting with electronics and home appliances, Walton has brought the world’s unique and innovative solutions through smart devices. Thus, Walton has played an important role in making the nation a productive one, according to a media release.
“Walton also inspired us to build a self-reliant and export-oriented country through their electronics and digital devices,” he said.
“We are working on building a smart Bangladesh and we have a target to increase the export volume to 5 billion by next 5 years,” he said. “Besides this, we are also aiming to create employment for over 1 million people in the same time frame and Walton is one of the development partners in these courses of action.”
He also said that the government is emphasising locally manufactured products in its procurement process.
In continuation of this, the government used nearly 4 lakhs of tabs from Walton during the last ‘population and housing census’ that saved more than Tk.150 crores of the government.
The authorities of Bangladesh Bureau of Statistics have thanked Walton as the Walton tabs met the high standard. The government distributed those tabs among the students after the census ended. Many more amount of government money can be saved by taking those types of activities.
Palak inaugurated the commercial production of solid-state drive (SSD), a new model of Walton smartphone named ‘NexG N72’, and up to 100% cashback offer on Walton computer products.
Secretary of the Information and Communication Technology (ICT) Division Shamsul Arefin, Walton Digi-Tech Industries Limited’s Chairman SM Rezaul Alam, Managing Director SM Monjurul Alam, Managing Director of Hi-tech Park Authority GSM Jafarullah, Project Director of Aspiration to Innovation a2i Mamunur Rashid Bhuyan and Walton Hi-Tech’s Director Raisa Sigma Hima were also present.
Walton Digi-Tech’s Additional Managing Director Md. Liakat Ali and Deputy Managing Director Yousuf Ali along with high officials of Walton also attended the event.
Walton NEXG N25 Review: A Budget-friendly Smartphone with Standard Features
Walton is a widely renowned feature and smartphone manufacturer in Bangladesh. The brand has expanded its portfolio from home appliances to smartphones and has made its distinct mark as a local brand. Particularly, their NEXG series stands out for its design and durability for affordable price ranges. The brand recently launched the NEXG N25 on 21st January 2024. Let’s look at the Walton NEXG N25 phone's detailed review.
Key Specifications of Walton NEXG N25
Design and Build Quality: A match of aesthetics and durability
The NEXG N25 moves away from the traditional Walton design elements to embrace something new. The new design looks something reminiscent of the iPhone or the iQOO Neo series. The smartphone is made of plastic with a refracting frosted finish on the back and a brushed chrome look on the frame.
The dimension comes in at 164.5 mm by 76.1 mm by 8.65 mm with 196 g weight. There’s a sizable front chin on the N25 which might look out of place by 2024 standards. But considering the price range, it's an understandable tradeoff. On the positive end, there’s IP52 water and dust resistance on the N25.
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Ports and buttons are placed in their usual location. There’s dual sim support on the N25 with a dedicated micro SDXC slot. There’s also a 3.5 mm headphone jack at the bottom along with the Type C port.
The Display: IPS LCD with 90 Hz refresh rate
There isn’t much to rave about the displays of budget-friendly smartphones. As usual, the N25 features an IPS INCELL LCD panel with a punch-hole camera on the front. The 6.6-inch panel has 720 by 1612 pixels for an HD+ resolution. In addition to the 90 Hz refresh rate, the panel boasts a 180 Hz touch sampling rate and 400 nits of peak brightness. The exact pixel count and screen-to-body ratio on the N25 couldn’t be confirmed.
For an LCD panel, the display has decent brightness, color reproduction, and viewing angles. The 90 Hz refresh rate and the color vividness alleviates the overall interaction with the display.
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The Camera: 50 MP AI Triple Camera
Like most smartphones in the entry-level segment, the number of camera sensors is usually a marketing bait. The case is similar with the N25 as well. There’s a 50 MP f/1.8 main sensor with AF, and PDAF. Walton has also included basic features like BSI, Antibanding, and Touch Focus. But that’s about it when it comes to the back camera as the other two included sensors are a 2 MP macro and an unrated AI camera.
The front features a usable 8 MP f/2.0 sensor for decent enough selfies.
The camera performance, similar to other NEXG smartphones, is a hit-and-miss at times. The camera was able to produce decent results in good lighting with a slightly greenish tint. The details and dynamic range were also satisfactory. But under harsh lights, the camera fails to properly expose the subject and the background. The portrait mode also leaves much to be desired with edge detection errors here and there. Nighttime photos are riddled with grains and noises. The night mode however helps a bit with decent artificial lights.
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The videography is limited to 1080P without any form of stabilization onboard the device.
Processor and Performance: Decent Daily Driver with Bloatware Issues
The processor on the N25 is a Unisoc Tiger T616 2.0 GHz octa-core one. It is coupled with Mali-G57 MP1 GPU. On paper, the T616 is a basic entry-level Octa-core processor that is best suited for casual day-to-day use. The N25 also comes with 4GB RAM and 128 GB of internal storage. There’s an additional 4 GB of virtual RAM that can be accessed from the storage.
Games on the N25 performed below par. Titles like Free Fire, PUBG, and Asphalt 9 had a lot of flickers and stutters to make it a smooth experience. On the other hand, 2D and less graphics-intensive games like Temple Run 2 ran smoothly.
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The N25 is using Dido OS based on Android 13. It’s a third-party OS with its own set of bloatware, which thankfully, can be uninstalled. The OS has some useful features like quick navigation through Smart Touch and ring light notifications. There are three distinct ring lights blended into the three back cameras which act as a notification light.
The processor and the RAM would have been better on the N25 as competitors like Xiaomi offer Snapdragon equivalence at this budget-friendly range.
Battery and Charge Time
The NEXG N25 comes with a 5000 mAh battery. The low processing power allows for a good battery life which would comfortably last all day in a single charge. There’s a 10W charging brick included in the box. However, the device can support up to 18W charging.
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Pros and Cons of Walton NEXG N25
Pros:
- Good Display - Great Build Quality - Ring light notification - Great battery life - IP52 protection.
Cons
- Subpar performance - Average camera.
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Price of Walton NEXG N25 in Bangladesh
The Walton NEXG N25 smartphone is available for 13,999 BDT in Bangladesh.
Verdict
The NEXG N25 offers a good package considering the competition in the budget-friendly segment. An inclusion of 6 GB RAM, a periscope sensor, and a slightly more powerful processor could make the device a strong competitor. However, the smartphone still shines in its display, design, and build quality. For what it is worth, the Walton NEXG N25 is best suited for those looking for a casual daily driver for processor-easy tasks.
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Walton records profit growths in July-December of FY 2023-24
Walton Hi-Tech Industries PLC has recorded profit growth during the period July-December of the current Financial Year 2023-24.
The Bangladeshi electronics giant posted around 23 times or 2,270 percent higher profits during the July-December period of 2023, compared to the same period of the previous year, according to a press release.
Walton Hi-Tech also witnessed substantial growth in major financial indicators, including Operating Profit Margin, Earnings Per Share (EPS), Net Asset Value Per Share (NAVPS) etc. during the first six months (July-December) of the current FY 2023-2024, it said.
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Such picture of the company's financial indicators was reflected in its Q2 un-audited Financial Statements for the period ended December 31, 2023.
The report was published after reviewed and approved by the Company's Board of Directors in its 37th meeting held on Monday (January 22, 2024).
According to the published report, Walton Hi-Tech posted Tk 340.35 crore profit during the period from July to December, 2023 as against the profits of Tk 14.36 crore in the same period of the previous year.
In the Second Quarter (October-2023 to Decmber-2023), the profit of the Company was increased to Tk 138.28 crore as against of Tk 60.46 crore of the corresponding period of the previous year.
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The amount and percentage of finance costs during the period (July-2023 to December-2023) is significantly lower than the comparative period because of less impact of devaluation of taka against foreign currencies like Euro and USD. However, the company suffered foreign currency losses during the period of July 2023 to December of 2023 amounting to Tk 43.75 crore, which was Tk 336.10 crore in the corresponding period of the previous year.
As a result, the Company's EPS for the period ended December 31, 2023 stood at Tk 11.24 as against of Tk 0.47 of the same period of the last year. As on December 31 of 2023, the Company's Net Asset Value Per Share (NAVPS) stood at Tk 244.26 without revaluation and Tk 345.75 with revaluation.
In that period, the Company's Net Operating Cash Flows Per Share (NOCFPS) stood at Tk 27.16.
During the period from July 2023 to December 2023, the percentage of finance costs was reduced significantly. In that period, the percentage of finance costs against sales was recorded at 7.51 percent, which was 18.15 percent in the same period of the previous year.
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At the end of the Second Quarter of current Financial Year (2023-2024), the Company's total Finance Costs were recorded at Tk 177.93 crore, which was Tk 469.33 crore in the same period of the previous year. As a result, the Company's Profit After Tax for the period ended December 31, 2023 stood at 14.37% as against of 0.56% of the same period of the previous year.
However, the management of Walton Hi-Tech Industries PLC anticipated that the Company’s profits would be healthier in the next quarters of the current Financial Year.
Walton refrigerator, TV receive ‘Best Brand Award-2023’
Walton has been awarded the “Best Brand Award 2023" in the refrigerator and television segments.
Walton refrigerator grabbed the best brand award for 10th time while Walton TV received the award for the first time, according to a press release.
The award was given at a programme titled “15th Best Brand Award—2023,"organised by the Bangladesh Brand Forum (BBF) in association with Nielsen Bangladesh and The Daily Star, held at the Pan Pacific Sonargaon Hotel in the capital on December 23.
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Walton fridge’s Chief Business Officer (CBO) Tofail Ahmed, Chief Marketing Officer (CMO) Didarul Alam Khan, Product Manager Shohidul Islam Reza, and Brand Manager Mostafizur Rahaman received the award on behalf of the company, it said.
The best television brand award was received by Walton TV’s CBO Mostafa Nahid Hossain, CMO Didarul Alam Khan, and Walton TV’s Brand Manager Khandakar Ashikul Hasan.
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“Getting the most loved brand titled in the refrigerator and television segment is a great achievement for Walton. Customers have played the most significant role in achieving such recognition. This success will play a significant role in achieving Walton’s vision of becoming one of the best global electronics brands in the world by 2030," said Walton’s CMO, Didarul Alam Khan.
“Walton refrigerators received the best brand award for the tenth times. We are very proud on this success. Customers have played the most significant role in achieving such recognition. And also, Walton's customer-benefit-oriented marketing strategies like digital campaigns had an important role in the achievement," said Walton fridge CBO Tofail Ahmed.
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“Getting the best TV brand award is a great milestone. This achievement will inspire us to take more responsibilities in a bid to provide international standard advanced features television to customers across the world,” Walton TV’s CBO Mostafa Nahid Hossain said.
Walton's 3 entrepreneur directors, Walton Plaza awarded with tax card
The National Board of Revenue (NBR) has honoured three entrepreneur directors of the country's electronics giant Walton with tax cards and crests for their highest tax payment in the fiscal year 2022-23.
The tax card awardees are: Walton Hi-Tech Industries PLC's Chairman S M Shamsul Alam, Vice-Chairman S M Ashraful Alam and Managing Director S M Mahbubul Alam, said a press release.
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Apart from them, Walton Plaza also awarded the tax card.
They were awarded at a programme titled "National Tax Card and Best Taxpayer Award-2023" held at Bangabandhu International Conference Centre in the capital on Wednesday (December 20, 2023).
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Finance Division's Secretary Dr. Md. Khairuzzaman Mozumder attended the function as special guest while Finance Ministry's Senior Secretary and NBR Chairman Abu Hena Md. Rahmatul Muneem was in the chair.
Walton Hi-Tech's Additional Managing Director S M Shoyeb Hossain Nobel, Remark HB Ltd's Director Abul Bashar Hawlader and Walton Plaza's Managing Director Mohammad Rayhan received the tax card and best taxpayer award from the guests on behalf of the awardees.
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On behalf of Walton Plaza, Managing Director Mohammad Rayhan received the tax card and best taxpayer award.
Walton NexG N8 Review: Budget-friendly phone with essential features
Walton is recognized for offering budget-friendly smartphones that offer plentiful features and performance. Their devices have gained popularity for their economical pricing, elegant designs, and functionality, catering to a diverse consumer base seeking dependable and stylish smartphones at an affordable price point. Walton has recently launched the NexG N8. Let’s take a look at the specs and price of this device.
Key Features of Walton NexG N8
Design
The Walton NEXG N8, a stylish smartphone, boasts a slender build with dimensions of 168.5 x 76.6 x 8.3 mm and a weight of 195g (including the battery). Its sleek glass front adds an element of sophistication. It is available in Arctic Blue and Cosmic Aurora colors.
The device has the usual design, with the power button and volume rocker conveniently positioned on the phone's side. The tactile power button and volume rocker enhance the user experience, providing quick and effortless control.
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Display
The Walton NEXG N8 features a generous 6.8-inch (17.27cm) punch-hole FHD+ IPS display, measured diagonally from one corner to the opposite corner. This expansive screen size enhances productivity and multitasking, providing ample space for various applications and activities. The display boasts a crisp resolution of 1080x2460 pixels and a modern 20:9 aspect ratio, ensuring vibrant colors, sharp text, and commendable image quality.
Utilizing IPS INCELL Technology with 2.5D Glass, the display of the NexG N8 ensures standard color reproduction and offers a capacitive touch screen. Its 90-Hz refresh rate contributes to smoother scrolling and improved responsiveness.
Camera
The Walton NEXG N8 is equipped with an impressive camera setup, featuring a powerful 50MP + 2MP + 2MP AI Triple Cameras on the rear. This setup comes with a wide range of features, including autofocus with PDAF, LED flash, etc.
The main 50MP shooter comes with an F/1.8 aperture and a large 1/2.76" sensor size, enabling excellent photo quality. Various camera features, such as face detection, digital zoom (4.0x), HDR, and AI scene recognition, enhance the photography experience.
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The camera offers versatile shooting modes like photo, portrait, video, PRO mode, panorama, time lapse, slow motion, and more. Video recording reaches 1080P Full HD quality.
Its 13MP front shooter with an F/2.0 aperture supports features like face detection, HDR, and AI portrait recognition.
Feni woman receives 200pc cash voucher buying Walton fridge
Esmoth Ara Yesmin, a housewife and a resident of Feni’s Chhagalnaiya Upazila, has been awarded 200 per cent cash voucher after she had bought a Walton brand refrigerator as the customer's benefit declared in the company’s ongoing Digital Campaign Season 19.
With that cash voucher, Yesmin took various electronics products including TV, washing machine, microwave oven, fan, blender etc., said a press release.
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Earlier, two customers, one was newly-wed woman Bithy Saha from Dhaka and another was Ahsanullah from Brahmanbaria, were awarded 200 percent cash voucher on the purchase of Walton brand refrigerators.
On Saturday (Nov 25, 2023), country's renowned film actor Amin Khan officially handed over the 200 percent to Esmoth Ara Yesmin at a programme held at Chhagalnaiya Walton Plaza.
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The function was also attended, among others, by the Feni Chamber of Commerce Director Mushfiqur Rahman Pipul, Walton’s Chief Divisional Officer Shafikul Azad and Walton Fridge Product Manager Shahidul Islam Reza.
In the nationwide ongoing Walton Digital Campaign Season-19, customers are offered maximum 200 per cent cash voucher or sure cashback on the purchase of any model of Walton fridge from any Walton Plaza, distributor outlet or online sales platform E-plaza. This offer will be available until 31st December, 2023.
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Yesmin bought a Walton refrigerator from the Walton Plaza on November 21. After completing the digital registration with her name, mobile number and product's bar code, she received an SMS of getting 200% cash voucher from Walton.
Walton Washing Machine and Orix Fabric Care ink strategic business deal
Orix, a US-based homecare brand, has joined hands with the leading electronics brand Walton to enhance their brand promotional activities and introduce consumers to an innovative laundry cleaning experience.
Walton Home Appliance and Orix Fabrick Care signed a strategic business partnership at the Corporate Office of Remark HB Limited at Gulshan in the capital on Thursday, said a press release.
Walton Home Appliance Chief Business Officer Mostafa Kalam and Remark HB Ltd's Home and Personal Care Business Head Khondoker Md. Mominul Huq inked the deal on behalf of their respective organisations, reads the release.
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Among others, Walton Home Appliance Brand Manager Fazle Rabbi, Remark Brand Manager Fahim Haque and other senior officials of the two organizations were also attended the programme.
According to the agreement, Orix will supply liquid detergent to Walton Home Appliances, and Walton will provide it for free to consumers upon the purchase of Walton washing machines. Orix will leverage these washing machines for promotional activities, having the liberty to use Walton's branding elements in various promotional channels, including packaging, leaflets, campaigns, and advertisements.
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Orix will furthermore have the opportunity to set up promotional booths at Walton's Plazas and outlets across the country.
Walton Home Appliance CBO Mostafa Kamal said, Walton's washing is now in the market leader in terms of sales. Walton is strongly committed to provide the customers world-class washing machine at affordable rates with highest customers' benefits. Thus, we joined hands with Orix. As per the today's agreement between Walton and Orix, customers of Walton washing machine will get free liquid detergent of the Orix brand to get an new experience in laundry cleaning."
Remark HB Ltd's Home and Personal Care Business Head Khondoker Md. Mominul Huq said that the partnership with Walton would yield fruitful results due to the active participation of Bangladesh's leading electronics brand. He emphasized Orix's commitment to providing surprises in fabric care for Bangladeshi consumers, anticipating an enhanced laundry cleaning experience through the collaboration with Walton washing machines.
Walton, with almost four decades of presence in the country's electronics market, has not only provided world-class services but has also significantly contributed to earning foreign exchange through product exports.
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Remark HB Limited, an affiliate of Remark LLC, USA, has introduced the international detergent brand, Orix, to the Bangladeshi market, aiming to simplify consumers' lives. Notably, the brand Orix boasts cutting-edge technology, offering variants like Crystal Wash, Fabric Shampoo, Winter Wash, and Perfect Plus Detergent.
The brand is set to launch a new liquid detergent, "Orix Pure Clean," anticipated to revolutionize fabric care in Bangladesh.