A key distributor of Samsung, Huawei and LG Mobile Phones in Uzbekistan with various other Business interests, the company has a vision to stay in the leadership position. A latest addition has been a production of flat screen Televisions by the “VISTA” Brand that would usher in new indiginously produced Home Appliances to the country. Fajr Al Mustaqbal has a professional distribution network across the country catering to both IR and KDR verticals.
Bekzod Akmalkhonov manages the company’s business in the UAE catering to the Middle East Region with a core focus on Trading of Mobiles and Consumer Electronics. A new wholesale outlet called FM Magnit has been established in addition to warehousing facility in the Freezone.
Bekzod is upbeat regarding the introduction of VAT as this would drive off the shady players who are here to make a quick buck. Trading would mainly shift to the Freezone providing a boost to the Freight Forwarders. Overall the Trading Business has slowed down with margins dropping down. The company sees an influx of CIS and Russian customers moving in for Mobile Trade.
Samsung and Apple take the top spot with the company followed by Xiomi. In addition to this Nokia feature phones are also in regular demand. The initial months of 2018 would see a frenzy of activity with things slowing down and normalizing by the mid of the year.