Web Desk — HMD Global, the home of Nokia phones, has achieved the milestone of producing over one million locally assembled mobile phones in Pakistan in just 6 months after setting up the assembly unit in the country.
The company partnered with Tecno Pak Electronics last year in setting up the assembly plant of Nokia phones in Pakistan which has invested an amount of $2 million in its factory & related channels in 2021 and generated over 500 skilled jobs so far.
The plant capacity is to produce over half a million mobile phones per month and the aim is to assemble the complete range of Nokia phones from Pakistan.
The assembly plant of Nokia phones in Korangi, Karachi reached completion in December 2021. The unit produces various designs of mobile handsets with cutting-edge hardware tools, signature durability, and user-friendly operating software.
Pakistan has an enduring association with Nokia mobile phones, which has translated into strong brand affinity. With Pakistan’s mobile phone penetration at 193 million and the mobile industry’s contribution to Pakistan is expected to reach USD 24 billion in 2023.
HMD reached the Top 5 position in more than 41 (up from 35 countries in 2020) countries around the world, measured by the combined mobile phone market volume market share in 2021 including Pakistan.