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Friday, January 28, 2022

Samsung starts production of mobile phones in Pakistan, government hopes to reduce import bill

Samsung, one of the world’s top smartphone makers, has started production in Pakistan. This is expected to reduce the import bill for the Pakistani government and industry. During the visit of senators to Samsung’s production unit, the company’s management briefed about the challenges for the smartphone manufacturing industry in Pakistan and the potential for rapid growth in this sector.

The Dawn newspaper report quoted Faisal Sabjwari, chairman of the Senate’s Standing Committee on Industries and Production, as saying that Samsung has started production in Pakistan. Faisal led the committee members who visited the company’s smartphone production unit and automobile manufacturing plant. Samsung aims to manufacture around 3 million handsets per year in Pakistan.

Faizal said, “Samsung has started production in just four months. This has been helped by the local industry as well as the better environment provided by the government. I believe that we have to move from assembling to localization of the industry. should go.”

There has been a significant increase in the local production of mobile phones in Pakistan. According to data from the Pakistan Telecommunication Authority (PTA), the production of mobile phones at local manufacturing plants almost doubled to about 18.8 million units in the first 10 months of this year. However, despite the increase in local production of mobile phones, imports have not declined. Between July and October, mobile phones worth $644.7 million were imported into Pakistan. This figure was about $56 million in the same period last year.

Samsung has partnered with Lucky Group to produce mobile phones in Pakistan. Mohammad Ali Taba, chief of Lucky Group, said, “We aim to manufacture around 3 million mobile phones per year. All the work in the production unit is manual. This gives an idea of ​​how much employment it will generate.” He agreed that there is a need to do more localization than assembling in the country and for this the industrial sector will have to make a big contribution. This can also help in increasing exports from Pakistan.<!–

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Damini Sharma
Experienced Senior Content Writer with a demonstrated history of working in the information technology and services industry. Skilled in SEO Copywriting, Web Content Writing, Storytelling, Blogging, and Social Media. Strong media and communication professional with a mass communication focused in Journalism from Sjmc davv indore.
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