Chinese Smartphone Company Realme to build mobile phone manufacturing factory in Pakistan
Chinese company Realme's Director of Marketing in Pakistan Mr He Shunzi in an interview disclosed that Realme is planning to set up the mobile phone manufacturing factory in Pakistan. He told that company is inspecting locations in Islamabad, Peshawar, and Faisalabad Industrial Estate for suitable land. Pakistani mobile market offers guaranteed capital as Realme ranked top five android brands in Pakistan in less than nine months, capturing 8% of total market share, he added.
LAHORE: Director Marketing Pakistan, He Shunzi aka Harvey, overseeing the operations of Realme in three countries Pakistan, Nepal, and Bangladesh shared the future plans of the company, including establishment of the first ever mobile phone manufacturing factory in Pakistan by a Chinese manufacturer.
Q. Realme established manufacturing plants in different countries where it was in the market, including in India � any such plan for Pakistan?
A. Yes of course � this is the core part of the Realme success strategy – to establish a manufacturing factory in the country where it is doing business. So, is the case for Pakistan; we are in the process of establishing a manufacturing unit in Pakistan like in India, Indonesia, Vietnam, Bangladesh and others. Initially we launched in these markets with the same model that started business in Pakistan.
Later, we acquired land and other permissions to establish a manufacturing unit there. So in Pakistan, for this purpose, Realme has already looked for a place to establish a factory and we are seriously looking for land. We have already visited Islamabad and Peshawar for this purpose besides Faisalabad Industrial Estate. Once we find required land, the work on the factory will gear up.
Q. What is the prospect of the mobile industry of Pakistan in ongoing economic pressure when consumer’s purchasing power is shrinking?
A. Despite all economic odds, Pakistani mobile market has great potential which was proved with Realme positioned in top five in less than nine months, capturing almost 8.0 percent of total market share in the budget class range of android phones. The company has already launched seven products across different price segments from premium flagships to trendy mid-rangers, all designed particularly for the youth. We are planning for the launch of the next products in the classic realme series in the coming months. The company has been proving it has planned an even steeper growth trajectory than its parent company Oppo through a targeted focus on youth.
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