According to the company’s notice to the Pakistan Stock Exchange (PSX), Air Link Communication Limited is set to begin production of Xiaomi mobile phones in Pakistan next week.
According to the official notice, Pakistan’s President, Dr. Arif Alvi, will inaugurate the company’s cutting-edge manufacturing facility in Kot Lakhpat, Lahore, on March 4, 2022.
According to Air Link sources, approximately 3 million Xiaomi handsets will be manufactured in the country, and the initiative will create over 3,000 direct jobs in the national market, with the country expected to earn more than $550 million from sales of Xiaomi mobiles.
Xiaomi is a global mobile phone brand that ranks 334th on the Fortune Global 500 list. It surpassed Apple to become the world’s second-largest smartphone manufacturer in Q2 2021.
It is currently the leading mobile phone brand in Europe and other major markets, including India.
In an official statement, Air Link said, “It’s a historic event for our country where Xiaomi, one of the largest smartphone companies, is kicking off production in Pakistan by joining hands with Select Technologies Private Limited, a wholly-owned subsidiary of Air Link”.
“This production facility is a step forward in the direction of PM’s vision of ‘Make in Pakistan’ and will have a huge impact on Pakistan’s economy resulting in the export of locally-produced Xiaomi mobile phones,” the statement concluded.
To read our blog on “Xiaomi 12X Variants, Color Options and Launch Details for India Leaked,” click here.
