Audi in collaboration with SIEMENS today unveiled Pakistan’s first and only Ultra-Rapid DC Charging Station equipped with Siemens SICHARGE D series chargers with power up to 160kW in Karachi.”I am particularly pleased to be present today at the inauguration of this example of brand new German innovation.… Continue
Infinix, the leading smartphone brand of Pakistan has announced the online sales of its new premium phone NOTE 12 VIP which starts today. It will be available on Daraz and Xpark from 13th June to 19th June 2022 on special discount of up to Rs.2500.… Continue
In May 2022, automobile industry sales rose by a sharp 46% yoy (flattish mom) to c 23,000 units. The Economy segment continues to drive the robust yoy growth in industry sales. Thus, 11MFY22 sales clocked in at c 250,000 units (up a strong 50% yoy).… Continue
HMD Global, the home of Nokia phones, has achieved the milestone of producing over one million locally assembled mobile phones in Pakistan in just 6 months after setting up the assembly unit in the country.
The company has partnered with Techno Pak Electronics (Private) Limited last year in setting up the assembly plant of Nokia phones in Pakistan which has invested an amount of $2 million in its factory & related channels in 2021 which generated over 500 skilled jobs so far.… Continue
Infinix today released its all-new NOTE 12 VIP that includes high-performance with the 120W Hyper Charge capabilities, a sleek 6.7″ FHD+ Super Light AMOLED display with 120Hz refresh rate, 108MP Cinematic Triple Camera and more. The NOTE 12 VIP will be available for Rs.… Continue
Ufone 4G – Pakistan’s no. 1 voice and data network as per Pakistan Telecommunication Authority (PTA)’s Quality Index 2022 – has introduced ‘UPower 250’ to enhance the scope of its unique offering, UPower. The offer is all about empowering customers to exercise their will by choosing their voice and data packages from a wide range of options of various denominations.… Continue
Huawei announced a batch of key inventions as part of its biennial “Top Ten Inventions” Awards at the “Broadening the Innovation Landscape 2022” forum held at its Shenzhen headquarters. The award is designed to recognize inventions that could create new series of products, become important commercial features of existing products, or that generate considerable value for the company and the industry.… Continue
Reiterating their commitment to accelerate digital inclusion in the country, Jazz and UNDP Pakistan organized a ‘Girls in ICT’ event highlighting the importance of digital skills for women and promoting Digital Gender Inclusion through enhanced access to ICTs (Information and Communications Technology).… Continue
Pakistan Car sales are expected to remain flattish MoM to ~21k units in May-2022 as sales are reverting to their normalized level. To note, car companies’ sales increased in March-22 to 26k units, owing to improvements in supply chain disruptions, following which sales fell for the second month in a row.… Continue
Huawei was named Champion at the World Summit on the Information Society (WSIS) 2022 Forum’s Prizes Ceremony in Geneva yesterday. The WSIS 2022 Prizes Campion, was presented to Huawei for its use of their intelligent net-zero carbon campus solution at the Yancheng Low-carbon & Smart Energy Industrial Park project.… Continue
Federal Minister for Information Technology & Telecommunications Syed Aminul Haq has informed that a piece of land at a cost of Rs31 billion has been acquired from Civil Aviation Authority near Karachi Airport for setting up an IT Park in Karachi where plots will be available at much lower rates so that maximum number of Small and Medium Enterprises (SMEs) associated with IT services could be encouraged to establish their businesses at the IT Park which will be fully equipped with state-of-the-art infrastructure and all IT related facilities.… Continue
By: Iain Morris, International Editor, Light Reading
Like belching at a child’s piano recital, insulting open RAN is not considered seemly for a member of the telecom establishment. The industry has more or less decided the young technology will be a hit, almost regardless of its merits.… Continue
Pakistan’s leading smartphone company – Infinix – has launched the new NOTE 12, which is now available at all retail and online stores such as Daraz and Xpark all across the country. Promising to offer a great user experience, the NOTE 12 G96 is on sale starting from Rs 36,999.… Continue
Chief Minister of Sindh, Murad Ali Shah attended the signing ceremony between Universal Service Fund and PTCL for the optic fiber cable project being initiated in various cities of interior Sindh including Dadu, Jamshoro, Hyderabad and Larkana. The agreement was signed between Hatem Bamatraf, President and Group CEO, PTCL & Ufone, and Harris M.… Continue
The leading smartphone brand, TECNO ranks fourth in 2021 in terms of units sold. Camon 18 became one of the most selling phones of the last quarter entitling TECNO to be the Fourth “Most Selling Smartphone Brand of 2021”.
Smartphones are a part of our daily lives. We use them for everything from basic things like making calls and sending text messages to shooting pictures and other even more complex tasks. In short, people’s lives revolve around these tiny gadgets.… Continue
· GoP recently banned the import of Autos for an initial period of 2 months, although this might get extended further. We believe this to have a positive impact on the sales of OEMs, due to the fact that the market for imported vehicles is going to dissipate.… Continue
Indus Motor Company (IMC) on 28th May 2022 announced a landmark achievement of having produced one million vehicles since it began mass production back in 1993. The one millionth unit, a Toyota Corolla Grande, was lined off at the company’s plant at Karachi, amidst much fanfare.… Continue
Jazz, Pakistan’s number one 4G operator and the largest internet and mobile broadband provider, has signed an agreement to connect all of its Mobile towers directly to fiber in Lahore. Fiber infrastructure and services provider, Nayatel, has partnered to lead this Fiber to the Site (FTTS) project, which is expected to complete by December 2022.… Continue
Ufone 4G is at the forefront to support women’s empowerment in the country, hence, the Pakistani company is committed to significantly expanding its female customer base.
Through its commitment with the global association of mobile operators, the GSMA, Ufone 4G aims to bring high-speed connectivity to more Pakistani women to enhance their participation in the mainstream socio-economic system.… Continue
realme is debuting its first C-Series smartphone of the year – realme C35 in Pakistan today, following tremendously successful sales run in European and South Asian markets. The realme C35 drew online pre-orders in droves by selling out all of its stock within the first five days.… Continue
Honda Atlas Cars Limited (HCAR) declared its 4QM2022 result today, where earnings clocked in at Rs197mn (EPS: Rs1.38) as compared to revenues of Rs895mn (EPS: Rs4.60) in the same period last year. This takes MY22 earnings to Rs2,510mn (EPS: Rs17.58), up 40% YoY.… Continue
The management of Indus Motor Company Limited (INDU) held a corporate briefing session on 25th May’22 to discuss 9MFY22’s financial results and future outlook.
- To recall, the company posted a profit after tax of PKR 15,292mn in 9MFY22, depicting a massive jump of 82% YoY on the back of i) higher CKD and CBU sales volume, and ii) jump in other income amid higher fund size due to increase in customer advances.