AIRLINK 191.84 Decreased By ▼ -1.66 (-0.86%)
BOP 9.87 Increased By ▲ 0.23 (2.39%)
CNERGY 7.67 Increased By ▲ 0.14 (1.86%)
FCCL 37.86 Increased By ▲ 0.16 (0.42%)
FFL 15.76 Increased By ▲ 0.16 (1.03%)
FLYNG 25.31 Decreased By ▼ -0.28 (-1.09%)
HUBC 130.17 Increased By ▲ 3.10 (2.44%)
HUMNL 13.59 Increased By ▲ 0.09 (0.67%)
KEL 4.67 Increased By ▲ 0.09 (1.97%)
KOSM 6.21 Increased By ▲ 0.11 (1.8%)
MLCF 44.29 Increased By ▲ 0.33 (0.75%)
OGDC 206.87 Increased By ▲ 3.63 (1.79%)
PACE 6.56 Increased By ▲ 0.16 (2.5%)
PAEL 40.55 Decreased By ▼ -0.43 (-1.05%)
PIAHCLA 17.59 Increased By ▲ 0.10 (0.57%)
PIBTL 8.07 Increased By ▲ 0.41 (5.35%)
POWER 9.24 Increased By ▲ 0.16 (1.76%)
PPL 178.56 Increased By ▲ 4.31 (2.47%)
PRL 39.08 Increased By ▲ 1.01 (2.65%)
PTC 24.14 Increased By ▲ 0.07 (0.29%)
SEARL 107.85 Increased By ▲ 0.61 (0.57%)
SILK 0.97 No Change ▼ 0.00 (0%)
SSGC 39.11 Increased By ▲ 2.71 (7.45%)
SYM 19.12 Increased By ▲ 0.08 (0.42%)
TELE 8.60 Increased By ▲ 0.36 (4.37%)
TPLP 12.37 Increased By ▲ 0.59 (5.01%)
TRG 66.01 Increased By ▲ 1.13 (1.74%)
WAVESAPP 12.78 Increased By ▲ 1.15 (9.89%)
WTL 1.70 Increased By ▲ 0.02 (1.19%)
YOUW 3.95 Increased By ▲ 0.10 (2.6%)
BR100 11,930 Increased By 162.4 (1.38%)
BR30 35,660 Increased By 695.9 (1.99%)
KSE100 113,206 Increased By 1719 (1.54%)
KSE30 35,565 Increased By 630.8 (1.81%)

Pakistan's Air Link Communication Limited announced on Wednesday that it has joined hands with Digicom Trading (Pvt) Ltd for production of mobile devices in Pakistan.

Air Link, in its filing to the Pakistan Stock Exchange (PSX), shared that it has partnered with Digicom for production and distribution of mobile devices and their accessories in Pakistan under the brand names QMobile, QSmart, MAXX and QTab.

The development comes a day after Air Link announced that it has entered into a distribution agreement with realme, a Chinese smartphone manufacturer. The agreement encompassed a complete range of realme mobile devices and accessories, IoT products, TVs in Pakistan with Exert Tech (Private Limited).

Air Link announces distribution agreement with realme

Earlier, Pakistan Telecommunication Authority (PTA) granted a manufacturing licence to Select Technologies Private Ltd, a wholly-owned subsidiary of Air Link Communication that manufactures mobile devices of ‘selected brands’, for the manufacturing of Xiaomi mobile phones in Pakistan.

Air Link Communication Limited already has the licence to manufacture mobile phones of Transsion Holding’s major brands i.e. Tecno & iTel.

The company had earlier this year gone public and managed to raise Rs 6.43 billion after its Initial Public Offering (IPO) was oversubscribed by 1.6 times.

Air Link IPO oversubscribed by 1.6 times

Meanwhile, Pakistan's mobile manufacturing sector has witnessed significant growth in recent months.

The production of mobile phones by local manufacturing plants more than doubled against the import of commercial mobile phones in the country during Jan-November 2021 as the local production was recorded at 22.12 million compared to the imported mobile phones of 9.95 million.

Comments

Comments are closed.