Chinese Companies Play a Significant Role in Reducing Mobile Phone Imports In The Chinese Companies
Mobile phone penetration has reached uncharted levels in all corners of the world including Pakistan. Once, Pakistan was one of the biggest importers of cell phones, however, it isn’t the case now. A number of different smartphone companies have set up their local assemblies in the country. Consequently, the country has witnessed a decline in mobile phone imports. In this regard, the Chinese mobile phone manufacturing companies have played a critical role in assisting Pakistan to cut its mobile imports. Local Mobile Production Surpasses the Mobile Phone Imports As a result, a report entails that for the first time in the history of the country, the manufacturing of mobile phones by local assemblies surpassed the imports of cell phones. Official Data regarding Mobile Manufacturing and Import: As per the official data, during Jan-November 2021, the manufacturing of mobile phones by local assemblies stood at 22.12 million while the total imports of mobile phones remained at 9.95 mil...