Walton sets up research centre in South Korea

Electronics and technology giant Walton has set up a Research and Innovation Centre in South Korea.

To this end, Walton signed an agreement with a reputed South Korean design house to jointly work on bringing groundbreaking changes in quality and design of electronics and technology products, says a press release.

By setting up the research centre in South Korea, Walton has moved another step ahead in winning global market with Bangladesh-made world-class products.

According to the authorities concerned, this initiative of Walton will bring a radical change in product quality and design. Though it will raise the cost of production, Bangladeshi buyers will get the experience of using international standard products.

As part of the global market expansion activities, Walton Hi-Tech Industries PLC's Managing Director and CEO Golam Murshed visited South Korea recently. In his presence, the agreement was signed in Seoul. As per the agreement's terms and conditions, neither side has disclosed the name of the Korean design house.

The agreement signing ceremony was attended by Walton's Head of Supply Chain Mohasin Sarder, Head of Sourcing Aminul Islam and Head of Walton Refrigerator's R&I Center Tofail Ahmed.