During the period January to October 2021, domestic manufacturing plants in Pakistan produced 18.87 million mobile phones compared to 9.45 million imported mobile phones. This is more than double the quantity of commercial mobile phones imported into the nation.
Mobile phones worth $644.673 million were imported during the first four months (July-October) of fiscal year 2021-22, up 15.54 percent from $557.961 million in the same period previous year.
According to data from the Pakistan Telecommunication Authority (PTA), this trend reflects a positive response to the PTA’s Mobile Device Manufacturing (MDM) Authorization regulatory regime, with local manufacturing resulting in the production of 18.87 million phones in just ten months, including 7.93 million 4G smartphones.
According to PTA data, smartphones account for 52 percent of mobile devices, while 2G devices account for 48 percent.
i wish a few of companies must invest in Pakistan like LG Electronics, Sharp Corporation, Panasonic Corporation, Motorola Corporation, Siemens and others.
its a good time to invest and enhance your business and companies structure.