Wednesday, March 12, 2025
-Advertisement-

13.86 Million Smartphones Produced Locally in First 9 Months of 2024

- Advertisement -

In the first nine months of 2024, Pakistan’s local mobile phone assembly industry produced 22.59 million units, with 13.86 million being smartphones and 8.73 million basic 2G devices. Despite economic challenges and rising interest rates that have weighed on the industry since 2022, production remains robust.

In addition to locally produced units, 1.1 million mobile phones were imported from January to September this year. Infinix led the market, producing 2.79 million units during this period, despite a broader industry decline since 2022.

- Advertisement -

According to the Pakistan Telecommunication Authority (PTA), local production stood at 24.66 million devices in 2021. By 2023, this figure had dropped by 13.71%, to 21.28 million, largely due to economic pressures. Commercial imports of smartphones also plummeted, dropping from 24.51 million in 2020 to just 1.58 million in 2023. The decline in imports has been driven by restrictions from the central bank aimed at managing the trade deficit and conserving foreign currency.

However, signs of recovery are emerging as the economy improves and the central bank cuts interest rates. With growing internet services across the country, the use of smartphones has surged, now accounting for 64% of all devices on the network, up from 59% in 2023 and 56% in 2022. Meanwhile, the share of 2G devices has fallen to 36%, down from 41% last year and 44% in 2022.

Despite the challenges, Pakistan’s mobile phone production remains a key part of the country’s manufacturing sector, and with economic conditions improving, further growthis anticipated.

- Advertisement -

Stay updated with the latest and breaking news directly on your mobile phone by joining Headline PK's WhatsApp group!

 

 

Izaan Zubair
Izaan Zubair
With a passion and curiosity for technology, Izaan is a seasoned writer with four years of experience. His expertise lies in translating complex tech updates into engaging stories. Beyond technology, Izaan keeps a finger on the pulse of worldly news, crafting exclusive narratives that inform and inspire his readers.

Latest stories

-Advertisement-

Highlights of the Week
Related

Philip Morris (Pakistan) Limited builds local factory for ZYN Oral Nicotine Pouches

Philip Morris (Pakistan) Limited (PMPKL), one of the leading...

Bernhard H. Mayer Unveils Alto Ceramic Collection: A Symphony of Luxury and Versatility

Bernhard H. Mayer, prestigious Swiss luxury brand, has launched...

Pakistani-origin Mehwish Salman Ali selected in Forbes Technology Council

Pakistani-Origin Mehwish Salman Ali has been selected as a...

ABHI and TPL Corp Celebrate the Launch of ABHI Microfinance Bank

In a historic milestone, ABHI and TPL Corp Limited...
-Advertisement-
Join our Whatsapp Group for Exclusive News!
Join our Whatsapp Group for Exclusive News!