Technology
Samsung to establish TV line-up plant in Pakistan
The South Korean electronics giant, Samsung is in the process of establishing a television line-up plant in metropolitan city, announced the Prime Minister’s aide on Commerce and Investment Abdul Razak Dawood on Wednesday.
Karachi: The South Korean electronics giant, Samsung is in the process of establishing a television line-up plant in metropolitan city, announced the Prime Minister’s aide on Commerce and Investment Abdul Razak Dawood on Wednesday.
Last month, the Pakistan Telecommunication Authority (PTA) issued a local firm the license to manufacture Samsung smartphones locally.
Adviser to Prime Minister on Commerce and Investment turned to his official twitter handle and said that Samsung Electronics, in a joint venture with a local company, will establish its TV line-up plant in Pakistan.
On Twitter, Abdul Razak Dawood said, “I have been informed that Samsung Electronics is in the process of establishing their TV line-up plant in collaboration with the R&R Industries at Karachi”.
Razak Dawood added that the said plant would become functional in the fourth quarter of 2021 and is expected to produce 50,000 units annually.
“This is a vindication of MOC’s "Make-in-Pakistan" policy for industrialization via rationalization of input costs and other incentives,” added Premier’s aide.
I have been informed that Samsung Electronics is in the process of establishing their TV line-up plant in collaboration with the R&R Industries at Karachi. It will become functional in Q4 of 2021 and is expected to produce 50,000 units annually.
— Abdul Razak Dawood (@razak_dawood) September 22, 2021
Samsung’s decision to assemble phones in Pakistan was an indication of the success of the Mobile Device Manufacturing Policy (MDMP) launched by the government in June 2020.
Policy’s vision was clear that by 2022, 80% of all mobile phones sold in Pakistan should be locally manufactured.
In July, Samsung signed an agreement with Lucky Motor Corporation to begin manufacturing its phones in Pakistan.
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