Local Manufacturing of Mobile Phones Down 20% YoY in July 2024
Staff Report: As per the latest data released by the Pakistan Telecommunication Authority (PTA), local mobile companies have manufactured/assembled 1.61 million units, reflecting a 20% year-on-year decline and a 62% month-on-month decrease in July 2024. The decline in mobile sales in July 2024 is attributed to pre-buying in June 2024 following the announcement of an…