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Samsung first TV Line-up Plant goes operational in Pakistan

byNews Desk
December 6, 2021
in Business, Economy, Main, Technology
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Samsung first TV Line-up Plant goes operational in Pakistan
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One of the world’s leading TV manufacturers, Samsung has made its first TV line-up plant operational in Pakistan, Adviser to Prime Minister for Commerce and Investment Abdul Razak Dawood announced.

Adviser to Prime Minister for Commerce and Investment Abdul Razak Dawood congratulated the South Korean “Samsung Electronics” firm on operationalising its first TV line-up plain in Pakistan at Karachi in collaboration with R&R Industries in his tweet:

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This is in line with 🇵🇰Make-in-Pakistan of MOC. I urge all our firms to partner up 🤝 with leading international companies to set up units in Pakistan.
🇵🇰🇰🇷@aliya_hamza @Samsung @SamsungTV @SamsungPakistan @mincompk #Pakistan #TV #LCDs #Local #Karachi #Investment

— Abdul Razak Dawood (@razak_dawood) December 6, 2021

Adviser to Prime Minister for Commerce and Investment Abdul Razak Dawood announced:

“Initially, the unit will produce 50,000 TV sets and increase the capacity to 100,000 units within 2 years.”

Adviser to Prime Minister for Commerce and Investment Abdul Razak Dawood also said:

“The joint venture is the vindication of the Ministry of Commerce’s “Make-in-Pakistan” policy for industrialization. I urge all local firms to partner with leading international companies to set up units in the country.”

Last month, Samsung finally started production of smartphones in Pakistan, giving hopes to the government that this would decrease import bill of the country.

In July, the Seoul-based firm had signed an agreement with Lucky Motor Corporation to start manufacturing of its mobile phones in Pakistan.

Samsung’s decision to set up phones’ assembly plant in Pakistan indicates the success of the Mobile Device Manufacturing Policy (MDMP) launched by the PTI government in June 2020.

Tags: R&R IndustriesSamsungSouth Korea
News Desk

News Desk

A source of economic, political, business, finance, health and sports updates.

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