- CEO
- S. M. Mahbubul Alam
- Full Time Employees
- 23,038
- Sector
- Consumer durables
- Industry
- Electronics/Appliances
- Address
- Dhaka Bangladesh
- IPO Date
- Aug 16, 2020
- Business
- Walton Hi-Tech Industries PLC is a Bangladesh-based electronics and electrical appliances manufacturing company that designs, develops, manufactures, and markets consumer electronics, home and kitchen appliances, electrical components, and industrial technology solutions. Founded in 2006 and headquartered in Gazipur, Bangladesh, the company operates as the primary manufacturing subsidiary of Walton Group. The company manages a comprehensive product and service portfolio organized into multiple core categories: refrigeration and cooling solutions, including frost and non-frost domestic refrigerators, chest freezers, beverage coolers, and commercial refrigeration units; climate control equipment, including residential split air conditioners, inverter air conditioners, cassette units, and commercial variable refrigerant flow (VRF) systems; consumer electronics, including smart LED, 4K UHD, and OLED televisions; home and domestic appliances, including front-loading and top-loading washing machines, microwave ovens, electric ovens, induction cookers, gas stoves, blenders, juicers, rice cookers, electric kettles, and water purifiers; climate and air management appliances, including ceiling fans, table fans, rechargeable fans, exhaust fans, room heaters, and air purifiers; computing and telecommunications hardware, including smartphones, feature phones, laptops, desktop computers, monitors, motherboards, solid-state drives, RAM modules, and computer peripherals; and specialized industrial components, including hermetic refrigeration compressors, brushless DC motors, printed circuit board assemblies (PCBA), copper tubes, and precision injection-molded components sold under the Walton, Marcel, and ACC brand names. Walton Hi-Tech Industries PLC serves retail consumers, commercial enterprises, and industrial clients domestically through its Walton Plaza distribution network and internationally by exporting products to more than 40 countries across Asia, Europe, the Middle East, Africa, and the Americas. In recent developments, Walton Hi-Tech Industries PLC has expanded its global footprint and manufacturing capabilities through the acquisition of European compressor manufacturer ACC, along with the Zanussi Elettromeccanica (ZEM) and VOE brand assets, facilitating enhanced R&D and direct market entry in Europe. The company has also established strategic original equipment manufacturer (OEM) and original design manufacturer (ODM) partnerships with international electronics distributors in North America, Europe, and Asia to supply high-efficiency inverter appliances and eco-friendly R600a and R32 cooling systems. Additionally, the company launched AI-integrated and IoT-enabled smart appliance series, scaled automated surface-mount technology (SMT) production lines for circuit boards, expanded commercial VRF air conditioning and compressor export capacities, and completed its corporate reorganization to Walton Hi-Tech Industries PLC following its listing on the Dhaka and Chittagong Stock Exchanges.