ISLAMABAD – Samsung, a South Korean multinational manufacturing conglomerate, has established its first TV line-up plant in a joint venture with R&R Industries at Karachi.
It was announced by Adviser to Prime Minister of Pakistan for Commerce and Investment Abdul Razak on Twitter.
“We congratulate Flag of South KoreaSamsung Electronics on operationalising its first TV Line-up plant in Pakistan at Karachi in collaboration with R&R Industries. Initially, the unit will produce 50,000 TV sets and increase the capacity to 100,000 units within 2 years”.
“This is in line with Flag of PakistanMake-in-Pakistan of MOC. I urge all our firms to partner up Handshake with leading international companies to set up units in Pakistanm,” he added.
Samsung Electronics has also built a new mobile phone manufacturing line in the country.
Back in August, in accordance with Mobile Device Manufacturing (MDM) Regulations 2021, PTA has issued MDM authorization to Lucky Motor Corporation Limited for manufacturing of Samsung brand mobile devices.
he company had applied for authorization to setup mobile device manufacturing plant in Karachi, Pakistan where it will manufacture Samsung brand mobile devices.
The authorization to manufacture Samsung Mobile devices in Pakistan is a landmark achievement and will further revolutionize the vibrant mobile manufacturing ecosystem in the country by ensuring presence of major local and foreign players in the market.
This is possible only due to the conducive policies of the Government of Pakistan in its “Digital Pakistan” endeavor.
PTA has so far issued MDM authorizations to 25 foreign and local companies for the production of mobile devices (2G/3G/4G) locally.
Mobile devices manufactured by these companies shall not only be sold in the country but will also be exported to other competitive markets of the region and beyond.
The device manufacturing plants shall be instrumental in creating new job opportunities as well as enabling affordability of mobile devices for Pakistani users.
Read more: https://pakobserver.net/pta-gives-go-ahead-for-samsung-smartphones-manufacturing-in-pakistan/
