China’s Hisense to begin assembling smartphones in Pakistan by 2019

Chinese electronics manufacturer Hisense will start assembling smartphones in Pakistan by the beginning of 2019.
15 Sep, 2018

Chinese electronics manufacturer Hisense will start assembling smartphones in Pakistan by the beginning of 2019.

“The process of installing a modern assembly line for the smartphones will be completed by the end of December this year at an estimated cost of approximately $3 to $4 million,” said M. Tariq Zubairi, CFO of Tri-Angels Electronic, the manufacturer and distributors of Hisense in Pakistan, quoted Arab News.

The completion of assembly line will make Tri-Angels Electronics the first company to locally assemble smartphones in Pakistan. “The locally-assembled smartphones will be available in markets across Pakistan from March 2019,” said Zubairi.

Meanwhile, local smartphone dealers were of the view that the locally-assembled smartphones will prove beneficial for Pakistan, as it will provide employment opportunities to the public, alongside consumers can get smartphones at a cheaper price tag.

Last month, the Chinese firm officially entered Pakistan as it planned to introduce Hisense TV with an investment of $2.3 million and the objective to capture major chunk of market. Hisense Co is a Chinese state-owned multinational major appliance and electronics manufacturer headquartered in Qingdao, Shandong province, China.

Copyright Business Recorder, 2018

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