Chinese smartphone manufacturer Realme has announced plans to manufacture and launch 5G-enabled phones in Pakistan.
This announcement comes days after its parent company announced the establishment of a local assembly line.
National Media agency Express Tribune reported that the company has decided this following the company’s reception in the local market.
Speaking to Tribune Realme Regional Marketing Director claimed that the company was the first smartphone brand to sell over a million phones in the local market in less then a year, incentivizing the company to capitalize on the opportunity.
The presence of a local assembly line will benefit Pakistan, as the phone will become cheaper for the consumers in the country.
The director also mentioned that the new facility would house both Oppo, Realme’s parent company, and Realme itself on their own dedicated assembly lines. Since 5G is the future, the company is going to offer 5G-compatible products to local consumers.
World’s biggest smartphone company has come to an agreement with Lucky Motors to produce and manufacture smartphones locally. This milestone has been achieved after the efforts made by the government to attract investors into the telecommunication market.
Pakistan Stock Exchange (PSX) has issued a notification on Friday that confirmed the agreement between Lucky Motor Corporation Limited (LMC) and Samsung Gulf Electronics Co., FZE (‘Samsung’) for local assembly of phones in Pakistan.
Lucky Motors is a subsidiary of Lucky Cement Limited and is a big name in the business since they manufacture, assemble, market, distribute, and sell Kia and Peugeot branded vehicles, parts, and accessories in Pakistan.
The notice further added that the production and assembly of the Samsung smartphones will take place at LMC’s existing plant facility producing vehicles at Bin Qasim Industrial Park, Special Economic Zone, Port Qasim, Karachi.
The investment for production is to be discussed soon amongst the two parties and the production facility is expected to be completed by December 2021.
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5G in Pakistan
On 17th June, Khyber Pakhtunkhwa (KP) successfully tested 5G technology in collaboration with PTCL Group and Khyber Pakhtunkhwa Information Technology Board (KPITB), under the umbrella of the Department of Science and Information Technology, Khyber Pakhtunkhwa.
With the successful 5G trial in KP, Pakistan is set to boost its IT sector.
First Trial/testing of 5G in Pakistan. Mou signed between KP IT board and PTCL in peshawar today pic.twitter.com/9pfLZPzz3K
— Atif Khan (@AtifKhanpti) June 17, 2021
In February 2021, Federal Minister for IT & Telecommunication Syed Aminul Haque said that his ministry was in the contact with the stakeholders, including mobile phone service proving companies, to commercially introduce 5G internet by December 2022.
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“We will offer them (mobile companies) more spectrum in the bandwidth, including on 5G, at the best possible price in future,” he said.