AGL 40.00 Decreased By ▼ -0.16 (-0.4%)
AIRLINK 129.53 Decreased By ▼ -2.20 (-1.67%)
BOP 6.68 Decreased By ▼ -0.01 (-0.15%)
CNERGY 4.63 Increased By ▲ 0.16 (3.58%)
DCL 8.94 Increased By ▲ 0.12 (1.36%)
DFML 41.69 Increased By ▲ 1.08 (2.66%)
DGKC 83.77 Decreased By ▼ -0.31 (-0.37%)
FCCL 32.77 Increased By ▲ 0.43 (1.33%)
FFBL 75.47 Increased By ▲ 6.86 (10%)
FFL 11.47 Increased By ▲ 0.12 (1.06%)
HUBC 110.55 Decreased By ▼ -1.21 (-1.08%)
HUMNL 14.56 Increased By ▲ 0.25 (1.75%)
KEL 5.39 Increased By ▲ 0.17 (3.26%)
KOSM 8.40 Decreased By ▼ -0.58 (-6.46%)
MLCF 39.79 Increased By ▲ 0.36 (0.91%)
NBP 60.29 No Change ▼ 0.00 (0%)
OGDC 199.66 Increased By ▲ 4.72 (2.42%)
PAEL 26.65 Decreased By ▼ -0.04 (-0.15%)
PIBTL 7.66 Increased By ▲ 0.18 (2.41%)
PPL 157.92 Increased By ▲ 2.15 (1.38%)
PRL 26.73 Increased By ▲ 0.05 (0.19%)
PTC 18.46 Increased By ▲ 0.16 (0.87%)
SEARL 82.44 Decreased By ▼ -0.58 (-0.7%)
TELE 8.31 Increased By ▲ 0.08 (0.97%)
TOMCL 34.51 Decreased By ▼ -0.04 (-0.12%)
TPLP 9.06 Increased By ▲ 0.25 (2.84%)
TREET 17.47 Increased By ▲ 0.77 (4.61%)
TRG 61.32 Decreased By ▼ -1.13 (-1.81%)
UNITY 27.43 Decreased By ▼ -0.01 (-0.04%)
WTL 1.38 Increased By ▲ 0.10 (7.81%)
BR100 10,407 Increased By 220 (2.16%)
BR30 31,713 Increased By 377.1 (1.2%)
KSE100 97,328 Increased By 1781.9 (1.86%)
KSE30 30,192 Increased By 614.4 (2.08%)

Air Link Communication Limited, a manufacturer and distributor of smartphones in Pakistan, has entered into a strategic partnership with Acer Gadget, a global leader in innovative and affordable technology.

The listed company shared the development in its notice to the Pakistan Stock Exchange (PSX) on Tuesday.

“Acer Gadget Inc., a global leader in innovative and affordable technology, announces a strategic partnership with Air Link to introduce ‘Acer Gadget e10’ laptops, tablets, and all-in-one devices to the Pakistani market,” Air Link said in its notice.

The company informed that as part of this collaboration, Air Link has been granted distribution rights and entered an exclusive assembling agreement with Acer Gadget’s manufacturing partner, Shanghai Sixunited Intelligent Technology Co. Ltd., to assemble these products at Air Link’s Lahore facility.

“This partnership marks a significant step forward in Air Link’s commitment to the ‘Made in Pakistan’ initiative and aims to elevate the Pakistani technology landscape by providing consumers with high-quality, accessible devices,” said the company.

The company’s share price increased on Tuesday after the PSX notice, and was hovering around Rs139 at the time of this report. It had closed at Rs132.14 at the end of Monday’s session.

Acer Gadget Inc. is a subsidiary of Acer Inc., a renowned Taiwanese multinational corporation known for its expertise in hardware and electronics. Acer has earned a strong reputation in the computing industry, particularly for its laptops, desktops, monitors, and a wide range of related peripherals.

Founded as a private limited company in January 2014 and converted into a public limited company in April 2019, Air Link is involved in the import, export, distribution, wholesale, and retail of communication and IT-related products, including smartphones, tablets, laptops, and accessories.

In June, Air Link signed a Memorandum of Understanding (MoU) with IMIKI Corporation, a Chinese technology company, to manufacture smart wearable devices.

Additionally, in October of last year, Air Link entered into a partnership with Xiaomi, a global leader in consumer electronics and smartphones, to produce smart TVs at its Lahore manufacturing facility. Air Link and Xiaomi already share a strategic partnership for the local production of Xiaomi smartphones.

Comments

200 characters
Abdullah Aug 20, 2024 12:28pm
Done with assembling.if they dont manufacture no need to buy it.Acer is anyhow a useless brand.
thumb_up Recommended (0) reply Reply
test Aug 20, 2024 03:27pm
I still remember assembling was a 2-3 decade old phenomenon for those countries which begin transition from agriculture to machinery and vietnam, thailand, malaysia, indonesia competed for investments
thumb_up Recommended (0) reply Reply
test1 Aug 20, 2024 03:31pm
Mark my words and mark them well. "Assembling is dead long ago" If any country want to waste forex reserves and hardly earned tax payer money then open these stupid assembling plants & keep importing.
thumb_up Recommended (0) reply Reply
M.E.U. Syed Aug 21, 2024 12:21am
Great opportunity to explore modernisation in Human Connection more easy-going..
thumb_up Recommended (0) reply Reply
Ghareeb Awaam Aug 21, 2024 02:37pm
Assembling of laptops here, apparently a positive step. However, the quality of phones (and cars) assembled here is extremely poor and the prices very high. This should not be so. Better import.
thumb_up Recommended (0) reply Reply