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Pakistan’s local mobile industry witnessed remarkable growth as the companies have manufactured around 10.87 million mobile phones and smart devices during the first eight months (January-August) of 2023.
Local manufacturing plants manufactured/assembled 21.94 million mobile handsets during the calendar year 2022 compared to 24.66 million in 2021, i.e. registered a decline, attributable to issues in imports on account of restricting the opening of Letters of Credit (LCs).
Around 21.94 million mobile handsets were assembled during the calendar year 2022, compared to 1.53 million commercially imported phone handsets, said the Pakistan Telecommunication Authority (PTA).
The locally manufactured/assembled 10.87 million mobile phone handsets included 7.62 million 2G and 3.04 million smartphones.
Besides, as per the PTA data, 56 percent of mobile devices are smartphones, and 44 percent are 2G on the Pakistan network.
Mobile phone imports in Pakistan have witnessed a staggering 76 percent surge during the first two months of the current fiscal year, according to the latest data released by the Pakistan Bureau of Statistics (PBS).