In the first five months of 2024, mobile assembly and manufacturing companies in Pakistan produced a total of 13.8 million phones.
In the first five months of 2024, mobile assembly and manufacturing companies in Pakistan produced a total of 13.8 million phones, according to data from the Pakistan Telecommunication Authority . Among these, 8.1 million were smartphones, while 4.98 million were simpler 2G devices with basic features.
Infinix led the production effort, manufacturing 1.46 million units. Other companies like Itel and VGO TEL also contributed significantly to the production totals. Despite these impressive production numbers, the industry has faced challenges. Economic difficulties and high-interest rates have caused a decline in production since 2022. Furthermore, restrictions on imports have significantly reduced the number of phones brought in for commercial purposes. In 2023, only 1.58 million phones were commercially imported into Pakistan.
On a positive note, smartphone usage in Pakistan has increased considerably, with 61% of the population now using these advanced devices. However, the government has introduced new tax measures in the FY25 budget. There is an 18% standard tax on mobile phones, which is even higher for more expensive devices.
These developments illustrate the mixed state of the mobile phone industry in Pakistan. While local production remains substantial, the sector faces economic and regulatory challenges.At the same time, more people are adopting smartphones, reflecting a shift towards more advanced technology in the country. The new tax policies are likely to impact both manufacturers and consumers, particularly those interested in higher-end smartphones.
پاکستان تازہ ترین خبریں, پاکستان عنوانات
Similar News:آپ اس سے ملتی جلتی خبریں بھی پڑھ سکتے ہیں جو ہم نے دوسرے خبروں کے ذرائع سے جمع کی ہیں۔
Vivo mobile phone latest prices in Pakistan 2024Vivo has updated the prices of its mobile phones in Pakistan, with several models seeing significant reductions starting January 2024.
مزید پڑھ »
PTA Clarifies Rumors About Removal of Mobile Phones TaxesThe Pakistan has implemented various taxes and duties on the import and registration of the mobile phones.
مزید پڑھ »
Budget 2024-25: Pakistan Plans to Raise Import Taxes on Mobile PhonesLatest News, Breaking News, Pakistan News, News Headlines, Election Pakiatan
مزید پڑھ »
Budget 2024-25: Mobile phones prices set to increase in PakistanMuhammad Aurangzeb has proposed significant changes in tax policies while presenting the federal budget for the fiscal year 2024-25.
مزید پڑھ »
Infinix Hot 40 Price in Pakistan and SpecsInfinix is gearing up to launch its Hot 40 series in the coming months of 2023. This new series promises significant upgrades.
مزید پڑھ »
Infinix Hot 40 Price in Pakistan and Specs 2024In the upcoming months of 2023, Infinix is gearing up to release its Hot 40 series, poised to deliver significant upgrades.
مزید پڑھ »