Iran bans import of S Korean home appliances

[Dai Toruko]

As Tehran finds itself throttled by US economic and banking sanctions, a new layer of complexity has been added to the country’s economic misfortunes. The government has put a wholesale ban on imports of home appliances from South Korea.

 

[HAIDER]

As Tehran finds itself throttled by US economic and banking sanctions, a new layer of complexity has been added to the country’s economic misfortunes. The government has put a wholesale ban on imports of home appliances from South Korea.

I think South Korea's outstanding debt is too high and fails to pay back.

 

[Wood]

As per the video, the average refrigerator costs 35 million Tomans. What is the middle class wage in Tehran? What is the wage of top 10% population in big cities there?

If the local made refrigerators are affordable to top 10% or 20% of the population, then the industry will definitely improve over time

 

[EAGLE777]

As per the video, the average refrigerator costs 35 million Tomans. What is the middle class wage in Tehran? What is the wage of top 10% population in big cities there?

If the local made refrigerators are affordable to top 10% or 20% of the population, then the industry will definitely improve over time

There economy is in very bad shape and here irani trolls critize turkish economy

 

[Hack-Hook]

As per the video, the average refrigerator costs 35 million Tomans. What is the middle class wage in Tehran? What is the wage of top 10% population in big cities there?

If the local made refrigerators are affordable to top 10% or 20% of the population, then the industry will definitely improve over time

well an Iranian made refrigerator will be shipped to your house by 1/5th of that price , that's the price for a Korean refrigerator

 

[Saddam Hussein]

lol pathetic sad pink panturks... their inferiority complex never dies.

As much as they want to be euros, the euros see them as absolute savages that must be stopped from entering europe at all costs. no

their only bragging right was that their heavily fragile economy standing on a house of farts, was just slightly on paper better looking then Irans.. that is their greatest achievement

meanwhile Iran is under the biggest sanctions in human history. which would have starved and disintegrated the pathetic pink panturk fascist abortion of a state created by kemal.

nobody in Iran takes your kemalistan seriously you pathetic panturks. keep posting about Iran if it makes you feel better. when Iran had turkeys geopoltical "open a.ss" policy. you were not even in the same league...

I literally know people who went into turkey and were shocked that they didnt even have hot water in many places.. thats how pathetic you were. And thats how pathetic you still are.

You are not in the same universe as Iran. A single Iranian major oil deposit can buy your worthless country 3 times over. You are nothing... keep posting about Iran if that makes you happy though, your tears bring me immense joy.

Iran's Sanctions aren't heavy, let alone the heaviest in human history lol

America Sanctions everyone nowadays.

 

[Attila the Hun]

lol pathetic sad pink panturks... their inferiority complex never dies.

As much as they want to be euros, the euros see them as absolute savages that must be stopped from entering europe at all costs. no

their only bragging right was that their heavily fragile economy standing on a house of farts, was just slightly on paper better looking then Irans.. that is their greatest achievement

meanwhile Iran is under the biggest sanctions in human history. which would have starved and disintegrated the pathetic pink panturk fascist abortion of a state created by kemal.

nobody in Iran takes your kemalistan seriously you pathetic panturks. keep posting about Iran if it makes you feel better. when Iran had turkeys geopoltical "open a.ss" policy. you were not even in the same league...

I literally know people who went into turkey and were shocked that they didnt even have hot water in many places.. thats how pathetic you were. And thats how pathetic you still are.

You are not in the same universe as Iran. A single Iranian major oil deposit can buy your worthless country 3 times over. You are nothing... keep posting about Iran if that makes you happy though, your tears bring me immense joy.

By calling Turks panturks is that suppose to hurt us or what?

 

[EAGLE777]

By calling Turks panturks is that suppose to hurt us or what?

panturk is alright but to say pink panturk made me so angry my blood is boiling

 

[Bilal9]

As Tehran finds itself throttled by US economic and banking sanctions, a new layer of complexity has been added to the country’s economic misfortunes. The government has put a wholesale ban on imports of home appliances from South Korea.

OK That's it.

Turkey and Pakistan can take high end market, we can take low end market for everything electronic! It's settled.

Chabahar here we come with Halal Walton items !!

Ashok Leyland to supply 200 trucks to Bangladesh as part of $2-bn line of credit

There is fine print in the contract that says credit given by Indians must be utilized using INDIAN goods and services. What are you a moron ?? You DO NOT HAVE TO ACCEPT LINES OF CREDIT. You say no if you think are too onerous. When the bank offers me a mortgage , I can say NO and if I do say...

defence.pk

 

[Bilal9]

As per the video, the average refrigerator costs 35 million Tomans. What is the middle class wage in Tehran? What is the wage of top 10% population in big cities there?

If the local made refrigerators are affordable to top 10% or 20% of the population, then the industry will definitely improve over time

I don't know about average refrigerator size in Iran (or what it costs) , But a 218 liter Samsung Refrigerator costs roughly 15 Million Iranian Rial (Or 1.5 Million Tuman) in Bangladesh. Local Brands like Walton are actually higher quality and give you a better price. The one below from Walton is about the same size (218 liter) but has an upscale tempered glass door at that same price. Walton commands 80% of the fridge market in Bangladesh. And they have 600 liter smart fridges too.

Non Frost Refrigerator Price in Bangladesh

Are you looking for Non Frost Refrigerator Price in Bangladesh? Here’s a list of the Non Frost Refrigerator in Bangladesh by Walton Electronics with price.

waltonbd.com

 

[Wood]

I don't know about average refrigerator size in Iran (or what it costs) , But a 218 liter Samsung Refrigerator costs roughly 15 Million Iranian Rial (Or 1.5 Million Tuman) in Bangladesh. Local Brands like Walton are actually higher quality and give you a better price. The one below from Walton is about the same size (218 liter) but has an upscale tempered glass door at that same price. Walton commands 80% of the fridge market in Bangladesh. And they have 600 liter smart fridges too.

Non Frost Refrigerator Price in Bangladesh

Are you looking for Non Frost Refrigerator Price in Bangladesh? Here’s a list of the Non Frost Refrigerator in Bangladesh by Walton Electronics with price.

waltonbd.com

This Walton brand is a great achievement for Bangladesh. I don't think that many countries in the LDC category have such industrial capability. Do they export to other South Asian countries?

Edit: Now I wonder if an Indian brand has majority market share in India

Edit2: Seems like Indian market is dominated by LG, Samsung and Whirlpool. Godrej (Indian company) come in 4th place with just 14%

 

[Bilal9]

This Walton brand is a great achievement for Bangladesh. I don't think that many countries in the LDC category have such industrial capability. Do they export to other South Asian countries?

Edit: Now I wonder if an Indian brand has majority market share in India

Edit2: Seems like Indian market is dominated by LG, Samsung and Whirlpool. Godrej (Indian company) come in 4th place with just 14%

Bangladesh had the wherewithal to get out of LDC stage three decades ago, but resisted because LDC status afforded EU GSP quota advantage for apparel exports. Ruti-rooji was more important than flimsy prestige which belied reality.

Walton exports to almost all countries in South Asia except Pakistan in piecemeal fashion. Nepal is an important and thriving market.

Walton appliances praised in Nepal

Users of electronics and electrical appliances of Nepal has appreciated the ‘Made in Bangladesh’ labeled Walton for the unique quality and design at the five-day long ‘4th Bangladesh Expo-2018’ in Kathmandu, Nepal.

www.daily-bangladesh.com

In India it is OEM'd under one of the Korean brands but mainly for fridges I think. I am sure the Gulf being the wholesaler Mecca it is for the Maghreb and African region, products are going to those markets, because Walton has a big market footprint now in the Gulf (UAE) electronics wholesaler community.

More recently - Walton is concentrating in wealthier markets, in the EU for Smart TV's, Fridges and Aircons, having obtained local CE, DIN and other relevant environmental certs (e.g. ISO standards) for EU countries.

Walton supplied compressors to both Turkey and Greece a few years ago (to fridge assemblers there), as well as to Eastern EU appliance makers.

It did ship some smart TV's to Germany, with full German menu support. They make smart TV's which can run with voice commands in any language, especially Bengali, in local market. Some of their Android TV's are Google Assistant enabled, some can be Alexa enabled as well.

In one of the commercial product fairs in Dhaka, Walton pioneered an 8K TV as a research experimental item. They of course sell 4K HDR TVs routinely.

The most recent addition to their export drive is the competitive US market and they set up shop there recently, concentrating on UL and Canadian approvals before offering OEM product offers. They already supplied US Market with their cellphones and Tablets for an undisclosed US brand name.

Walton set to enter North America; first shipment in mid-2022

Star Business Report Mon Jan 10, 2022 12:00 AM Last update on: Mon Jan 10, 2022 02:30 PM Walton Hi-Tech Industries Ltd, a giant in the local consumer electronics sector, is all set to enter the North American market through a shipment of home appliances sometime in the middle of 2022. The...

defence.pk

Godrej had all the makings of an appliance juggernaut in India (especially fridges - because they're an almirah maker) and could have made the same measly investments Walton made (~350 crore Taka) to make their fridges world class export items, but AFAIK they gave up and only concentrated on selling tiny back-dated dorm-room refrigerators with low profit margins and low features in high volume. Some appliance companies in India aren't really into exporting much, unless I am wrong, steering clear of risks.

The fact that Walton have been successful at this should be encouraging to other aspiring companies in South Asia (e,g, Godrej in India and Dawlance in Pakistan). What we lack in South Asia (unlike China in SE Asia) is a product ecosystem where machinery, raw materials and labor expertise moves freely between countries (e.g. like ASEAN region) in order to make products competitive/cheaper and make the whole region prosperous.

Instead we are bickering in useless fashion about how to ban head-coverings for students in an Indian college, rather than how to put food on our tables. Polarizing our electorate so we get more votes.

Our govts. are too protectionist (India being big brother - more so, unfortunately) without realizing that Indian customs taking money from Indian banyas and "protecting Indian market" actually robs Indian market capability from being more consumer focused - driving down prices and enabling more people to afford more products. IMHO, opening up Indian economy was the best thing Manmohan Singh every dreamt up, but his policies have not been followed through well.

Prices in the Indian market are almost the equal of US and EU markets (for appliances and electronics), which is a shame, and a price the Indian consumer pays for their Govt. becoming protectionist. The days of protectionist license Raj philosophy has come and gone but Indian Banyas are too lazy to change and evolve.

People in Indian govt. do not see this protectionist shortsightedness for what it is, a cause of falling even farther and farther behind China.

 

[Hack-Hook]

I don't know about average refrigerator size in Iran (or what it costs) , But a 218 liter Samsung Refrigerator costs roughly 15 Million Iranian Rial (Or 1.5 Million Tuman) in Bangladesh. Local Brands like Walton are actually higher quality and give you a better price. The one below from Walton is about the same size (218 liter) but has an upscale tempered glass door at that same price. Walton commands 80% of the fridge market in Bangladesh. And they have 600 liter smart fridges too.

Non Frost Refrigerator Price in Bangladesh

Are you looking for Non Frost Refrigerator Price in Bangladesh? Here’s a list of the Non Frost Refrigerator in Bangladesh by Walton Electronics with price.

waltonbd.com

Probably you mean toman not rial

 

[Bilal9]

Probably you mean toman not rial

Well I am going by the exchange rate in International money exchange sites whereby:

1 Toman = 10 Riyal and,

1 Bangladeshi Taka = 491.48 Iranian Riyal = 49.148 (~50) Toman

The fridge price was Bangladesh Taka 30,000 = 14744280.00 Iranian Riyal = 1474428 (~1.5 Million) Iranian Toman

Now what would a 218 liter fridge cost in Iran (Iranian brand and made in Iran)?

Thanks in advance for your answer.

This size (lower medium size ~200 liters) is typically a first fridge for a new family (usually given by parents as part of the dowry gift to groom sometimes, in middle class families). Of course for higher class families the rules are very different.

 

[Hack-Hook]

Well I am going by the exchange rate in International money exchange sites whereby:

1 Toman = 10 Riyal and,

1 Bangladeshi Taka = 491.48 Iranian Riyal = 49.148 (~50) Toman

The fridge price was Bangladesh Taka 30,000 = 14744280.00 Iranian Riyal = 1474428 (~1.5 Million) Iranian Toman

Now what would a 218 liter fridge cost in Iran (Iranian brand and made in Iran)?

Thanks in advance for your answer.

This size (lower medium size) is typically a first fridge for a new family (usually given by parents as part of the dowry gift to groom sometimes, in middle class families). Of course for higher class families the rules are very different.

This is a list the prices are in Toman

لیست قیمت یخچال، ۶ آذر | ترب

خرید و لیست قیمت انواع یخچال Smeg اسمگ، EastCool ایستکول، Sinjer سینجر، Pars پارس، Emersun امرسان، Himalia هیمالیا، Hisense هایسنس، Bosch بوش، Life لایف، Evvoli ایوولی، Snowa اسنوا، Donar دونار، Electrosteel الکترواستیل، Daewoo دوو، Beko بکو، Midea مایدیا، TDK تی دی کی، Techno House تکنوهاوس،...

torob.com

The refrigerator you can get online in Iran from cheap to expensive