Achi news desk-
ISLAMABAD: More than 30 domestic and foreign mobile phone manufacturing companies in Pakistan reduced the prices of mobile phones from 500 rupees to 10 thousand rupees on Sunday.
The Mobile Phone Association and market sources have confirmed that companies have not only reduced the prices of smartphones but also significantly reduced the prices of button phones, including feature phones from Rs 100 to Rs 500.
READ MORE: The Government cuts the tax on mobile phones in the budget
According to market sources, the sales targets of the mobile phone companies operating in the country are not being met due to the slowdown in the country’s economy. Due to this, the prices of mobile phones are reduced significantly.
The representatives of the mobile phone companies have confirmed that the reason for reducing the rates significantly is to try to stabilize the mobile phone industry in the Pakistani market. It should be noted that more than 20 lakh mobile phones are currently being manufactured in Pakistan.
