Key Points
Almost all of Pakistan's 30 mobile phone assembly units, including three run by foreign brands, have shut down as manufacturers have run out of raw materials due to import restrictions.Pakistan.
Dawn said the country's top mobile phone manufacturers association informed the IT ministry that the local mobile supply had almost stopped and the markets had also started to face mobile phone shortages...
The chairman said the country's mobile industry, comprising 30 manufacturers including three foreign players, was on the brink of shutdown as they had almost run out of raw materials, which mostly came from China, South Korea, and Vietnam...
According to the report, mobile manufacturers said that the industry required imported parts and components worth $170 million every month to operate at full capacity, but the government was not allowing the opening of credit letters amid dollar shortage..
The association chairman said the manufacturers feared that banks had been verbally instructed by the central bank not to entertain imports by mobile phone makers across Pakistan..
