Mobile phones import goes up by 6.77pc

STAFF REPORT ISB: The mobile phones import to Pakistan rose by 6.77 percent in first eight months (July-February) of the current fiscal year (2015-16) as compared to same period of last year.

The mobile phone imports increased to $497.192 million during the period July-February (2015-16) from $465.649 million during the period July-January (2014-15).

The data released by Pakistan Bureau of Statistics (PBS), the imports, however, fell on year-n-year basis, by 12.63 percent from $73.156 million in February 2015 to $63.915 million in February 2016.

Likewise, on month-on-month basis, the mobile import posted a growth of 9.8 percent as it was recorded at $58.213 million in January 2016.

The overall telecom import during first eight months of current year fell by 3.84 percent from $97.193 million last year to $96.362 million during the period of current fiscal year.

On year-on-year and month-on-month basis the telecom import increased from $115.443 million in February 2015 and $104.761 million in January 2016 to $125.995 million in February 2016, thus showing an increase of 9.14 percent and 20.27 percent respectively.

The manufacturer – Haier which is already operating in the country and has established laptop manufacturing unit in Lahore, however, from April this year it will roll out smart phones and mobile handset assembling unit.

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