• Region
    • Pakistan
    • UAE
    • Saudi Arabia
    • Qatar
    • Bahrain
    • Oman
    • Kuwait
  • About
  • Press Kit
  • Media Pack
  • Contact
Thursday, July 10, 2025
CEO Times
No Result
View All Result
Subscribe
  • Login
  • Home
  • Business News
  • Startup News
  • Opinion
  • Lifestyle
  • MagazineSEP 2024
  • Databank
  • Podcasts
  • Connect
  • Home
  • Business News
  • Startup News
  • Opinion
  • Lifestyle
  • MagazineSEP 2024
  • Databank
  • Podcasts
  • Connect
CEO Times
No Result
View All Result
Home Sector Retail & Consumer

Samsung Electronics starts manufacturing TVs in Karachi

13 June 2023
in Retail & Consumer
Reading Time: 1 min read
0

Samsung Electronics, a South Korean technology behemoth, has launched its first TV line-up plant in Karachi in conjunction with a local business, Commerce Adviser Razak Dawood disclosed on Monday.

The development is a big boost for Pakistan’s electronic sector, as the country attempts to entice further multinational corporations to establish more plants in the country.

Industries PVT Ltd and Samsung have agreed to establish a facility in Karachi’s Korangi Industrial Area. The factory’s building and fabrication are already finished.

The project’s commercial revenue is anticipated to reach Rs5 billion each year, with an annual aim of manufacturing 50,000 TV units. According to the local firm, this agreement will help create up to and more than 700 chances in Pakistan.

Samsung Electronics, founded in 1969, soon climbed to prominence in the Korean market. This swiftly expanded to Samsung becoming a prominent worldwide brand and one of the world’s leading television makers for the last 15 years.

In July, Samsung Gulf Electronics Co., FZE (Samsung) entered into a partnership with Lucky Motor Corporation (LMC), a subsidiary of Lucky Cement Limited, to manufacture Samsung-branded mobile devices in Pakistan.

Source: PhoneWorld

Related Posts

Unilever Pakistan

CCP Imposes PKR 60 Million Fine on Unilever Pakistan for Deceptive Advertising

12 August 2024
Philip Morris International (PMI) Logo

Philip Morris Appoints Ali Takesh as Managing Director for Pakistan & Afghanistan

25 July 2024
Fauji Foods Logo

Fauji Foods Limited Approves Rs. 350 Million Loan for Subsidiary

23 July 2024
Flour mill

Nationwide Strike Announced by Pakistan Flour Mills Association Over Withholding Tax

11 July 2024
Next Post
Pakistani fashion e-commerce startup Clicky raises $2.4mn in Series A funding

Pakistani fashion e-commerce startup Clicky raises $2.4mn in Series A funding

Copyright © 2024 CEO Times (SMC-Private) Limited

  • Privacy Policy
  • Terms & Conditions
  • Sitemap

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Business News
  • Startup News
  • Opinion
  • Lifestyle
  • Magazine
  • Podcasts
  • About
  • Contact
  • Media Pack

Copyright © 2024 CEO TIMES (SMC-Private) Limited