Mobiles prices drop significantly due to low demand

Lahore: Due to the decrease in demand, the prices of various models of local and imported mobile phone manufacturers in Pakistan have been reduced.

According to media reports, all local and imported mobile phone manufacturing companies in Pakistan have reduced the prices of more than 20 mobile phone models from Rs400 to Rs10,000.

According to market authorities, all the companies have not only significantly reduced the prices of smart mobile phones, but the phones with buttons, including feature phones, have also reduced from Rs100 to Rs500.

The sales targets of the mobile phone companies are not being met due to which the prices are being reduced significantly while mobile phones are being manufactured in Pakistan in large numbers.

The representatives of the mobile phone companies have confirmed that efforts are being made to stabilize the mobile phone industry in the Pakistani market by significantly reducing the rates.