Pakistan and China have years of diplomatic relations and CPEC has added in their bilateral relationships and that has benefited both nations. Today we have hundreds of products from Chinese and we are availing the quality products at affordable prices. China being the emerging superpower has introduced the latest technological products. The company of Xiaomi has been marked as the second-largest smartphone company in the world. And now it is going to launch its assembly unit in Pakistan in the coming 3-4 months which would create jobs opportunities for our people and we would be able to access the latest smartphone in our own country.
China Economic Net (CEN) has reported that the global analytics have declared Canalys, Xiaomi as the world’s second-largest smartphone in the rear of Samsung, surpassing Apple in 2021.
By the data of Canalys, the shipment of Xiaomi has raised to 83% to hit 17% global market share within a quarter. And if this level of growth remains at the same rate then China-based tech would become the world’s largest vendor before the end of this year.
Canalys has also reported top smartphone vendors, Q1 2021 in Pakistan which includes Transsion at #1, Vivo at #2, Samsung at #3, Oppo at # 4, and Xiaomi at # 5.
It not going to be the first assembly plant in Pakistan because brands like Tecno, Infinix, Gfive, and Realme have already benefited our country. All these are Chinese smartphone manufacturers which have brought the development to Pakistan. And the launching of smartphone plants in Pakistan has resulted in a massive price cut for the brand’s smartphone model (C21) and it would be the same if Xiaomi successfully launched its plant in Pakistan. The Director of Marketing of Realme’s has declared the result of launching Realme in Lahore and the considerable drop in the prices of the phones such as that of the new C21 in Southeast Asia, South Asia, and Latin America, Sherry Dong.
The director further reveled the aim of Xiaomi and Realme to produce smartphones and other Artificial Intelligence of Things (AIoT) in their local assembly plants in the South Asian country.
Moreover, the plantation of this company would save our foreign exchange on mobile phone imports as Pakistan is ranked to be the 7th largest importer of mobile globally and there are over 40 million users of smartphones. It would help to reduce the tax payment for the import of smartphones which is increased up to 240% in the budget 2021-26. Thank you, China for the implantation of all the projects.
