• Download the Constitution of Pakistan
  • Advertise
WRITE FOR US
Economy.pk
No Result
View All Result
  • Economy
  • Politics
  • Technology
  • Education
  • Life & Style
  • Health
  • World
  • Videos
  • Economy
  • Politics
  • Technology
  • Education
  • Life & Style
  • Health
  • World
  • Videos
No Result
View All Result
Economy.pk
No Result
View All Result
Home Business

Pakistan Produced Over 12 Million Phones in First 5 Months of 2022

by News Desk
June 20, 2022
in Business, Mobiles
Reading Time: 1 min read
Pakistan Produced Over 12 Million Phones in First 5 Months of 2022
Share on FacebookShare on Twitter

According to the Pakistan Telecommunication Authority (PTA), 12.41 million phones were manufactured/assembled in local plants during the first five months of 2022, as compared to 0.94 million imported commercially. In May alone, 2.69 million mobile phone handsets were manufactured/assembled, representing an 88 percent increase from the 13.05 million handsets manufactured/assembled in 2020.

Overall, the commercial import of mobile phone handsets decreased from 2020 to 2021. According to the PTA’s official data, 10.26 million mobile phone handsets were imported in 2021, compared to 24.51 million in 2020. This decrease can be attributed to the increase in locally manufactured/assembled mobile phone handsets. In 2021, 12.41 million mobile phone handsets were manufactured/assembled locally, which includes 6.99 million 2G and 5.42 million smartphones. In addition, 53 percent of mobile devices are smartphones, and 47 percent are 2G on the Pakistan network.

Pakistan imported mobile phones worth $1.946 billion during the first eleven months of 2021-22, despite an increase in local production. This is according to the Pakistan Bureau of Statistics (PBS), which noted a growth of 4.62 percent from the same period last year.

According to PBS data, the import of mobile phones into Pakistan saw a month-on-month decrease of 35.54 percent in May 2022, coming in at $137.213 million as compared to $212.881 million in April 2022. On a year-on-year basis, mobile phones saw a negative growth of 21.82 percent when compared to $175.501 million in May 2021.

Tags: latestPakistanPakistan Telecommunication AuthorityPhones
News Desk

News Desk

Related Posts

Pakistan likely to reduce duty on mobile phones in budget 2023-24

Pakistan likely to reduce duty on mobile phones in budget 2023-24

In line with the proposals given by the Pakistan Mobile Phone Traders, the federal government is anticipated to lower the...

Intra-day update: rupee remains stable against US dollar

Intra-day update: rupee remains stable against US dollar

The Pakistani rupee depreciated 0.01% against the US dollar during the first hours of trading in the interbank market on...

Pakistan agrees to share budget details with IMF to unlock stalled programme

Pakistan agrees to share budget details with IMF to unlock stalled programme

Finance Minister Ishaq Dar announced that the coalition government has agreed to discuss details of its next budget with the...

Pakistan’s weekly inflation decreases by 0.42%

Pakistan’s weekly inflation decreases by 0.42%

According to the data released by the Pakistan Bureau of Statistics (PBS), the Sensitive Price Indicator for the current week...

Leading Pakistani auto manufacturer Honda Atlas reports 90% decline in profits

Leading Pakistani auto manufacturer Honda Atlas reports 90% decline in profits

With the economy in bad form, Honda Atlas Cars (Pakistan) Ltd, one of the country's top automakers, announced a 90%...

Flood devastation: World Bank approves $213mn for Balochistan

Flood devastation: World Bank approves $213mn for Balochistan

The World Bank's Board of Executive Directors approved $213 million in financing for Balochistan on Thursday, with the goal of...

Next Post
Rising Fuel Costs Cause People to Shift to Public Transport: Report

Rising Fuel Costs Cause People to Shift to Public Transport: Report

Recent Posts

  • ICC officials in Pakistan to ensure ODI World Cup 2023 participation
  • Surah Rahman recited during inauguration of India’s new parliament
  • South Asia’s longest zipline launched
  • Nepal celebrates 70 years since first Everest summit
  • Fly Jinnah Increases Flight Frequency Between Karachi and Islamabad

Advertisement

Twitter

Economy.pk

Economy.pk is a source of economic, political, business, finance, health and sports updates.

Categories

  • Economy
  • Politics
  • Technology
  • Education
  • Life & Style
  • Health
  • World
  • Videos

Privacy & Legal

  • Privacy Policy
  • Cookies

Social Media

  • Facebook
  • Instagram
  • Twitter
  • Linkedin
  • About
  • Advertise
  • Contact

© 2023 Economy.pk

No Result
View All Result
  • VIDEOS
  • World
    • Europe
    • Americas
    • Asia
    • Oceania
    • Africa
    • Middle East
  • Finance
  • Politics
  • Business
    • Economy
    • Finance
    • Entrepreneurship
    • Real Estate
  • Technology
    • Cyber Security
    • Mobiles
    • Social Media
  • Education
  • Sports
  • Life & Style
    • Personalities
    • Art
    • Culture
    • History
    • Entertainment
    • Fashion
    • Food
    • Health
      • Environment
      • Fitness
  • Sponsored

© 2023 Economy.pk