Karachi September 12 2021: Samsung mobile phone production facility in Pakistan is anticipated to be completed by end of December 2021 as per its local partner Lucky Motor Corporation.
Earlier, Samsung Gulf Electronics Co., FZE (“Samsung”) entered into an agreement with Lucky Motor Corporation, for producing Samsung branded Mobile Devices in Pakistan.
Lucky Motor Corporation (LMC) is a subsidiary of Lucky Cement Limited, which is engaged in the business of manufacturing, assembly, marketing, distribution and sales of Kia and Peugeot branded vehicles, parts and accessories.
A L S O || R E A D
Palm Oil Importers May Face Inventory Losses As World Largest Importer Ends Tax Breaks
LMC has also initiated the process of seeking necessary regulatory approvals from Pakistan Telecommunication Authority (PTA) for securing the license. The production facility for producing Samsung Mobile Devices will be located at LMC’s existing plant facility producing vehicles at Bin Qasim Industrial Park, Special Economic Zone, Port Qasim – Karachi.
