Nokia produced over 1 million mobile phones after setting up assembly plant in Pakistan
This digit came only six months after the tech giant set up an assembly unit in the country
Nokia is a household name, which is known for producing pocket-friendly smartphone devices that provide advanced features. Recently, the company has reached the impressive landmark of locally producing more than one million mobile phones in Pakistan.
This digit came only six months after the tech giant set up an assembly unit in the country. Country Manager Pakistan HMD Global, Arif Shafique, said that the plant has the capacity to produce more than half a million units per month.
The aim is to scale up production every month in order to meet the growing demand of Pakistanis.
”The demand of our handsets has been evident in the local market with production of over one million units in a very short span of time,” Shafique said.
Nokia’s production plant
In 2021, the company joined hands with Techno Pak Electronics (Private) Limited to set up an assembly plant in Pakistan. An investment of $2 million was done in the factory and related channels, which has so far generated 500 jobs.
Shafique hoped that local authorities will extend their support for the industry for making investments in the country. He said that Nokia has been a favorite of users across the country.
”Opening the facility in Pakistan is not only an important business decision for us, but also a historic initiative as we continue to expand our global footprint with it,” he added.
The production plant was completed in Korangi, Karachi in December 2021. The country has an estimated mobile phone penetration of 193 million, and the industry contribution is expected to reach a staggering $24 billion by 2023.
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