Smartphone prices decrease by up to Rs10,000 in Pakistan
By
April 5, 2024
Both local and international mobile phone manufacturers in Pakistan have recently announced significant price reductions on over 20 smartphone models. This move aims to increase sales and market presence as the fiscal year 2023-24 draws to a close.
The price cuts are substantial, ranging from Rs400 to Rs10,000, appealing to a wide range of consumers. In addition to smartphones, prices of keypad mobile phones have also been reduced by Rs100 to Rs500, depending on the model.
The prices of nearly twenty smartphones have been lowered by up to Rs10,000 in Pakistan. This reduction in prices comes as the country’s economy is improving, and experts predict a decrease in the inflation rate. Companies, both local and foreign, that manufacture mobile phones in Pakistan have decided to lower the prices of 20 different models, with reductions ranging from Rs400 to Rs10,000. Additionally, prices of basic keypad mobiles have also been decreased by up to Rs500.
These price cuts are significant and are aimed at increasing sales, as companies are producing more phones. Representatives from these companies explained to the media that reducing the prices is a strategy to stabilize the mobile phone industry in Pakistan.
The price cuts are expected to stimulate consumer spending, encourage technological advancement, and foster overall industry growth. Ultimately, this benefits consumers by making modern technology more accessible at affordable prices, while also benefiting manufacturers through increased sales and market share.
