Local makers meet 95pc demand for smartphones in 2024
KARACHI: The production of locally manufactured or assembled mobile phones increased by 28 per cent in December 2024 amid high demand for low-priced smartphones.
However, the import of mobile phones also increased by 50pc during the first six months of 2024-25, indicating increasing market size.
“Pakistan fulfilled 95pc of its mobile phone demand through local manufacturing/assembly in 2024, compared to a last five-year (2019-2023) average of 67pc and eight-year (2016-2023) average of 47pc,” said a research report of Topline Securities.
As per the latest data released by........
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