Xiaomi to set up assembly unit in Pakistan

Beijing - The Chinese firm recently surpassed Apple to become the world's second-largest smartphone vendor.

Xiaomi plans to set up its assembly unit in Pakistan in the next 3-4 months.

The development came shortly after Realme, another Chinese smartphone manufacturer, announced setting up its smartphone manufacturing plant in Lahore.

This resulted in a massive price cut for the brand's smartphone model (C21) being manufactured in the country. If Xiaomi is successful with setting up its own assembly plant in Pakistan, similar results can be expected when it comes to the company's smartphone prices.

Realme has already had a test run of its local assembly line in Lahore, causing a considerable drop in the prices of Realme phones, such as that of the new C21.

This was revealed by Realme's Director of Marketing in Southeast Asia, South Asia and Latin America, Sherry Dong. Both Xiaomi and Realme aim to produce smartphones and other Artificial Intelligence of Things (AIoT) products in their local assembly plants in the South Asian country.

Affordable products are the hallmark of both companies. As Pakistan is a developing country with a large, young population, establishing local mobile assembly units is expected to have a positive socio-economic impact.

It is to be noted that Pakistan, with over 40 million users, is the 7th largest importer of mobile phones globally. Therefore, local manufacturing will also save foreign exchange on mobile phone imports.

It is pertinent to mention that several other smartphone manufacturers have already set up their assembly plants in Pakistan. These brands include Tecno, Infinix, Gfive and Realme.