In a promising development for tech enthusiasts across Pakistan, the prices of nearly two dozen smartphones have experienced a noteworthy decline by up to Rs10,000.
This move comes amidst positive economic indicators in the country, with forecasts suggesting a potential reduction in the inflation rate.
Both local and foreign mobile phone manufacturers operating in Pakistan have responded to this economic momentum by implementing price reductions on a total of 20 smartphone models, slashing rates ranging from Rs400 to Rs10,000. Additionally, reports indicate a modest reduction in prices for keypad mobile devices, with decreases of up to Rs500 observed.
The decision to lower prices has been attributed to a combination of factors, including the optimistic economic outlook and a drive to meet sales targets amid heightened production levels. Spokespersons representing various companies emphasized that the recent price adjustments are aimed at fostering stability within the phone industry in Pakistan.
While the precise list of smartphones benefiting from price cuts is yet to be officially disclosed, it is anticipated that the move will provide consumers with increased accessibility to cutting-edge technology at more affordable rates.
This development is expected to invigorate the mobile phone market and potentially stimulate higher consumer spending in the sector.
