Cellphone imports surge to $1.31bn

Published March 17, 2021
The country’s cellphone imports swelled by 51.5 per cent to $1.311 billion in 8MFY21 as compared to $865m in the same period last year. —AFP/File
The country’s cellphone imports swelled by 51.5 per cent to $1.311 billion in 8MFY21 as compared to $865m in the same period last year. —AFP/File

KARACHI: The country’s cellphone imports swelled by 51.5 per cent to $1.311 billion in 8MFY21 as compared to $865m in the same period last year, according to the data released by the Pakistan Bureau of Statistics on Tuesday.

An official in a cellphone company said that the mobile phone market is now upbeat with burgeoning demand in the price range of Rs10,000-40,000 in which many companies are competing with one another.

He said the main buying is coming in the Rs10,000-25,000 range smartphones since online education has gained momentum followed by massive demand for food items through online facilities in the last one year.

The official said Korean and Chinese manufacturers have been presenting one to two new cellphones every one to two months in the range of Rs15,000-25,000 with 2/3 GB RAM and 32/64 GB storage options which has provided a big relief to people who cannot afford costly cellphones with prices starting from Rs50,000.

A cellphone maker in Karachi, who asked not to be named, said sales of 2G phones are still thriving as many people cannot afford over Rs10,000 cellphones. According to the Pakistan Telecommunication Authority website, the number of cellphone subscribers soared to 178 million in January from 168m in July 2020.

Published in Dawn, March 17th, 2021

Follow Dawn Business on Twitter, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

Back in parliament
Updated 27 Jul, 2024

Back in parliament

It is ECP's responsibility to set right all the wrongs it committed in the Feb 8 general elections.
Upholding rights
27 Jul, 2024

Upholding rights

EVEN a perceived threat to civil rights and freedom of expression undermines democracy; it impedes the enforcement ...
Brutal crime
27 Jul, 2024

Brutal crime

THE horrific incident of a woman allegedly gang-raped in front of her husband and three-year-old daughter near...
Judicial constraints
Updated 26 Jul, 2024

Judicial constraints

The fact that it is being prescribed by the legislature will be questioned, given the political context.
Macabre spectacle
26 Jul, 2024

Macabre spectacle

Israel knows that regardless of the party that wins the presidency, America’s ‘ironclad’ support for its genocidal endeavours will continue.