China’s Realme launches mobile production in Pakistan
LAHORE: Chinese smartphone brand Realme has started producing mobile phones at its unit in Lahore, Punjab.
“I would like to congratulate RealMe mobiles which has started producing mobiles locally at their unit in Lahore,” announced Abdul Razak Dawood, Adviser to Prime Minister of Pakistan on Commerce and Investment, in message posted on his official Twitter handle, adding, “This has not only created employment but it has also decreased the cost of their locally made smartphones”.
According to Mr. Dawood, the new development aligns with the Ministry of Commerce’s “Made-In-Pakistan” policy of promoting industrialisation and import substitution.
Chinese mobile phone manufacturing companies have played a crucial role in helping Pakistan reduce dependence on imported mobile phones. In the first quarter of 2021, for the first time in the history of Pakistan, the production of mobile phones by local manufacturing plants surpassed the imports of mobile phones.
According to Pakistan Telecommunication Authority (PTA)’s statistics, during 2021, Pakistan locally manufactured 24.66 million phones and imported 10.26 million phones. In 2020, the number of locally manufactured phones was 13.05 million while the country had imported 24.51 million phones.