Select Technologies, a wholly-owned subsidiary of Air Link Communication Limited, has announced the opening of a smartphone manufacturing plant in Pakistan that would produce Xiaomi devices.
The event took held on March 4th at the factory in Kot Lakhpat’s Quaid-e-Azam Industrial Estate. Airlink Group is a leading smartphone producer, retailer, and distributor, with nearly all of the industry’s top worldwide brands as partners.
The company has a roughly 20% market share in distribution and plans to strengthen its position by starting to manufacture Xiaomi handsets.
“Our cooperation with Xiaomi is good news not only for the firm but also for Pakistan,” Muzzaffar Hayat Piracha, CEO of Select Technologies, stated. Xiaomi is a worldwide tech behemoth and industry leader in cutting-edge technology that extends beyond smartphones.”
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“Because smartphone manufacturing is the initial step toward a larger aim, this venture will open many doors.” My goal is to put Pakistan on the global technical map with a vision of providing world-class service and products to every corner of the country. We will not just localise manufacturing; as a result, Pakistan’s exports will increase, and we will be able to play our part in lowering the import bill,” he added.
Pakistan’s mobile market is viewed as an emerging market with a myriad of commercial potential by companies all over the world. The introduction of 3G/4G technology has resulted in a huge increase in mobile operator subscriber base.
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Mobile brands are capitalising on this opportunity by offering a wider range of smartphones in the low-tier range at more cheap costs. This effort is expected to generate revenue of 550 million dollars.
The massive production capacity would not only provide new job opportunities for Pakistanis, but will also help to reduce the country’s import bill and open up new chances in international trade.
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