HongKong-based company starts smartphone manufacturing in Pakistan

[ghazi52]

HongKong-based company starts smartphone manufacturing in Pakistan


A Hong Kong-based smartphone manufacturer, Infinix, has become the first smartphone company to start manufacturing in Pakistan. Prior to this, only a certain amount of mobile phones were being assembled within the country, including Xiaomi Mi phones.
“Fully aligning with the country’s initiative of ‘Made in Pakistan’, the company keeps growing its investment to contribute and help transform Pakistan into a regional tech hub. This is just one step further towards our mission and commitment to putting Pakistan on the road to progress and prosperity,” said a press release issued by Infinix Pakistan

Located in Pakistan, the Chinese smartphone brand’s manufacturing facility helps prevent the unnecessary worry of coronavirus and the inaccessibility of the newest Infinix products. With the launch of the facility, the company also fulfils its aim of playing its role in empowering the local labour, particularly women, as 60pc of the workforce working in the Infinix Pakistan factory comprised of women.

The manufacturing vicinity was also visited by Chinese Consul General Li Bijian, who applauded Infinix’s contribution in promoting local employment in the country.
Talking about their company mission, Infinix Pakistan CEO Joe Hu said, “Infinix’s vision as a company is to enrich our customers’ experiences, whether it is through our products, or what goes in their manufacturing. To be able to play a small part in the empowerment of the labour force in Pakistan, particularly women, is an important step further towards our mission.”

Infinix’s products in Pakistan are priced from approximately Rs11,000 to Rs40,000, catering to a broad range of customers. With the ongoing cricket tournament, Pakistan Super League, Infinix has also introduced promotional prices on their mobile phones while partnering with leading cricketers.

 

[pakpride00090]

Nice

 

[ghazi52]

https://profit.pakistantoday.com.pk...-starts-smartphone-manufacturing-in-pakistan/

 

[Samlee]

Excellent News.IK Is Moving In The Right Direction

 

[ghazi52]

Mobile device manufacturing policy okayed

February 29, 2020

The policy is expected to promote local investments and foreign direct investment, the EDB said. — AFP/File


ISLAMABAD: The Engineering Development Board (EDB) on Friday approved mobile device manufacturing policy to encourage local manufacturers through technology acquisition and localisation.

The policy, approved by the EDB board of management in a meeting held on Friday, was submitted to the Ministry of Industries and Production.

The policy, approved after extensive stakeholder consultations, is expected to promote local investments and foreign direct investment (FDI), the EDB said.

Pakistan is the seventh largest market for mobile sets in the world with annual sales of 34 million handsets during 2019. The local device manufacturing activity is projected to create 200,000 direct and indirect jobs within the country besides developing efficient manufacturing ecosystem and linking the country to the global supply chain.

With an increasing demand and labour cost advantage, the policy will help develop a major industry in the country capable of generating export surplus to sell its brand of ‘Made in Pakistan’ in the international markets.

The meeting, chaired by the EDB Chief Executive Officer Almas Hyder also deliberated on the electric vehicle policy drafted by the board in consultation with stakeholders.

It was proposed to ensure a comprehensive policy framework to not only cater for electric vehicles but emerging technologies in this sector as well as ensuring that the supply chains of existing players are not disturbed.

The board emphasised the need for a favourable incentive regime to promote local investments and attract FDI.

Meanwhile, in Karachi, Federal Minister and Adviser to PM on Climate Change Malik Amin Aslam said that a draft of Electrical Vehicle Policy will be submitted to the Economic Coordination Committee soon.

He said that currently, the work on policy concessions and SROs is in the final stages and a revolution of electric vehicles is in the coming in the country.

Moreover, the USAID has shown the possibility of saving $2 billion in one of its reports. This will also be beneficial since it will utilise our capacity of producing 4,000MW.

Aslam said that there are more than 200m motorcycles and rickshaws in the country, while more than 3,000 CNG stations across the country can be used for electrical charging stations.

A comprehensive plan for participation of engineering sector in international trade fairs was also presented during the meeting. The board members lauded efforts made by the EDB management to promote the country’s engineering sector.

EDB chief also briefed the board on competitive and efficiency improvement and export enhancement exercises. The board was told that 350 companies, associations and chambers have been asked to submit proposals regarding the anomalies in tariff cascading, procedural delays in availing benefits and technological constraints in meeting international benchmarks.

The proposals, once consolidated and evaluated by the EDB were subsequently approved and will be submitted to the National Tariff Commission for approval.

Published in Dawn, February 29th, 2020

 

[bananarepublic]

Is it "manufacture" or assembled

 

[Pakistansdefender]

HongKong-based company starts smartphone manufacturing in Pakistan


A Hong Kong-based smartphone manufacturer, Infinix, has become the first smartphone company to start manufacturing in Pakistan. Prior to this, only a certain amount of mobile phones were being assembled within the country, including Xiaomi Mi phones.
“Fully aligning with the country’s initiative of ‘Made in Pakistan’, the company keeps growing its investment to contribute and help transform Pakistan into a regional tech hub. This is just one step further towards our mission and commitment to putting Pakistan on the road to progress and prosperity,” said a press release issued by Infinix Pakistan

Located in Pakistan, the Chinese smartphone brand’s manufacturing facility helps prevent the unnecessary worry of coronavirus and the inaccessibility of the newest Infinix products. With the launch of the facility, the company also fulfils its aim of playing its role in empowering the local labour, particularly women, as 60pc of the workforce working in the Infinix Pakistan factory comprised of women.

The manufacturing vicinity was also visited by Chinese Consul General Li Bijian, who applauded Infinix’s contribution in promoting local employment in the country.
Talking about their company mission, Infinix Pakistan CEO Joe Hu said, “Infinix’s vision as a company is to enrich our customers’ experiences, whether it is through our products, or what goes in their manufacturing. To be able to play a small part in the empowerment of the labour force in Pakistan, particularly women, is an important step further towards our mission.”

Infinix’s products in Pakistan are priced from approximately Rs11,000 to Rs40,000, catering to a broad range of customers. With the ongoing cricket tournament, Pakistan Super League, Infinix has also introduced promotional prices on their mobile phones while partnering with leading cricketers.

No info. Where is plant. What company. Etc
What kind of reporting is this?

 

[Samlee]

Is it "manufacture" or assembled

Assembly Is The First Step To Manufacturing

 

[RescueRanger]

Mobile device manufacturing policy okayed

February 29, 2020

The policy is expected to promote local investments and foreign direct investment, the EDB said. — AFP/File


ISLAMABAD: The Engineering Development Board (EDB) on Friday approved mobile device manufacturing policy to encourage local manufacturers through technology acquisition and localisation.

The policy, approved by the EDB board of management in a meeting held on Friday, was submitted to the Ministry of Industries and Production.

The policy, approved after extensive stakeholder consultations, is expected to promote local investments and foreign direct investment (FDI), the EDB said.

Pakistan is the seventh largest market for mobile sets in the world with annual sales of 34 million handsets during 2019. The local device manufacturing activity is projected to create 200,000 direct and indirect jobs within the country besides developing efficient manufacturing ecosystem and linking the country to the global supply chain.

With an increasing demand and labour cost advantage, the policy will help develop a major industry in the country capable of generating export surplus to sell its brand of ‘Made in Pakistan’ in the international markets.

The meeting, chaired by the EDB Chief Executive Officer Almas Hyder also deliberated on the electric vehicle policy drafted by the board in consultation with stakeholders.

It was proposed to ensure a comprehensive policy framework to not only cater for electric vehicles but emerging technologies in this sector as well as ensuring that the supply chains of existing players are not disturbed.

The board emphasised the need for a favourable incentive regime to promote local investments and attract FDI.

Meanwhile, in Karachi, Federal Minister and Adviser to PM on Climate Change Malik Amin Aslam said that a draft of Electrical Vehicle Policy will be submitted to the Economic Coordination Committee soon.

He said that currently, the work on policy concessions and SROs is in the final stages and a revolution of electric vehicles is in the coming in the country.

Moreover, the USAID has shown the possibility of saving $2 billion in one of its reports. This will also be beneficial since it will utilise our capacity of producing 4,000MW.

Aslam said that there are more than 200m motorcycles and rickshaws in the country, while more than 3,000 CNG stations across the country can be used for electrical charging stations.

A comprehensive plan for participation of engineering sector in international trade fairs was also presented during the meeting. The board members lauded efforts made by the EDB management to promote the country’s engineering sector.

EDB chief also briefed the board on competitive and efficiency improvement and export enhancement exercises. The board was told that 350 companies, associations and chambers have been asked to submit proposals regarding the anomalies in tariff cascading, procedural delays in availing benefits and technological constraints in meeting international benchmarks.

The proposals, once consolidated and evaluated by the EDB were subsequently approved and will be submitted to the National Tariff Commission for approval.

Published in Dawn, February 29th, 2020

If they do set it up, it should be set up in a province with uninterrupted power supply, good logistic links via rail, air and land and low value, high density industrial zoning. That leaves only Peshawar, Karachi and Gawadar as likely candidates.