Samsung Electronics operationalizes its first TV Line-up plant in Karachi

BusinessSamsung Electronics operationalizes its first TV Line-up plant in Karachi

KARACHI, Pakistan: The South Korean technology giant Samsung Electronics has operationalized its first TV Line-up plant in Karachi in collaboration with R&R Industries (Pvt) Limited.

Congratulating Samsung Electronics on operationalizing its first TV Line-up plant in Pakistan, the Prime Minister’s Advisor on Commerce Abdul Razak Dawood told that initially, the unit will produce 50,000 TV sets and increase the capacity to 100,000 units within two years.

   

The adviser said that this is in line with the Make-in-Pakistan policy of the Ministry of Commerce.

“I urge all our firms to partner up Handshake with leading international companies to set up units in Pakistan,” Abdul Razak Dawood said.

In September 2021, the Chief Executive Officer (CEO) of R&R Industries Moosa had announced that the Company would set up a manufacturing plant for the Samsung TV lineup in Karachi’s Korangi Industrial Area, and in that regard, signed an agreement with the South Korean technology giant.

Must read

Recent News

Gold Price in Pakistan Today – 19 March 2024

0
On Tuesday (March 19, 2024), the gold rate for one tola of 24-karat in Karachi, Pakistan, is Rs 224,850.000. It's important to note that gold...

State Bank decides to hold policy rate steady at 22%

0
KARACHI, Pakistan: The State Bank of Pakistan’s Monetary Policy Committee (MPC) on Monday decided to hold the policy rate steady at 22 percent. In approaching...

President Zardari for further boosting bilateral ties with the UAE

0
ISLAMABAD, Pakistan: President Asif Ali Zardari has emphasised the need for further boosting bilateral ties between Pakistan and the United Arab Emirates (UAE) in...
MG 5 price in Pakistan

MG 5 Price in Pakistan 2024 | Release Date, Specifications and More

0
In this article, you can get to know all about MG 5 price in Pakistan, release date, specifications, fuel average, and more. So, before...

Ishaq Dar expresses desire to further strengthen Pakistan-China Strategic Cooperative Partnership

0
ISLAMABAD, Pakistan: The Chinese Ambassador to Pakistan Jiang Zaidong called on the Foreign Minister Mohammad Ishaq Dar at the Ministry of Foreign Affairs in...
Advertisement