Advertisement
Categories: NewsPakistanTech

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.

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
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.

Recent Posts

Actor Awards 2026 winners unveiled

In a fresh turn for Hollywood’s esteemed awards season, the 32nd Actor Awards marked its…

1 hour ago

UN warns of rising violence killing dozens in South Sudan

In the northern part of South Sudan, violence has escalated over the past two days,…

1 hour ago

Pakistan regrets recent attacks on Iran

ISLAMABAD - Defense Minister Khawaja Asif expressed deep concern on Sunday regarding recent attacks on…

3 hours ago

UK considers banning social media for under-16s

In response to mounting parental concerns over the impact of digital platforms on children’s well-being,…

3 hours ago

Pakistan’s Youth Tennis Team Heads to Vietnam for ITF Qualifiers

Pakistan's 14&Under Girls’ Tennis Team is set to embark on a crucial journey to Vietnam…

3 hours ago

Trump vows Iran combat operations until all objectives met

In his latest video released on Sunday night, President Donald Trump underscored the ongoing nature…

5 hours ago