Pakistan’s Air Link Communication Limited announced that it will begin producing Xiaomi smartphones in the country next month. Mobile Device Manufacturing Facility will be inaugurated on March 4, 2022 at Quaid-e-Azam Industrial Estate, Kot Lakhpat, Lahore.
According to Air Link, the effort is estimated to produce $550 million in annual sales while also creating thousands of employment in Pakistan.
The Chinese smartphone manufacturer made a record 190.4 million smartphone shipments in 2021 making Xiaomi the world’s second-largest mobile phone manufacturer in Q2-2021, surpassing Apple at the time.
“This production facility is a step forward in the direction of PM’s vision of ‘Make in Pakistan’ and will have a huge impact on Pakistan’s economy resulting in the export of locally-produced Xiaomi mobile phones,” Air Link added.
“It’s a historic event for our country where Xiaomi, one of the largest smartphone companies, is kicking off production in Pakistan by joining hands with Select Technologies (Pvt) Limited (the wholly-owned subsidiary of AIRLINK),” read the statement.
In April, Air Link began producing mobile phones in Pakistan, with a monthly capacity of 400,000 units, which is planned to increase to 550,000 units per month by FY23.
In recent years, Pakistan’s smartphone market has seen an influx of multinational firms, with companies like as realme and Samsung, among others, indicating interest in tapping into the country’s young population.