Air Link Communication Limited, one of Pakistan’s leading mobile phone manufacturers and distributors, recently announced a significant collaboration with Xiaomi, a global consumer electronics and smartphone giant.
The partnership, revealed in a notice to the Pakistan Stock Exchange (PSX), will see Xiaomi venture into the realm of smart televisions, produced at Air Link’s state-of-the-art facility in Lahore, Pakistan.
Jiang, the global AIoT Head of Xiaomi, expressed unwavering confidence and support for this new project, emphasizing Air Link’s impressive track record in its previous collaborations with Xiaomi.
“The addition of Xiaomi smart TVs will potentially generate jobs opportunities and substantially increase Air Link’s revenue,” according to the official statement.
Xiaomi and Air Link had already established a strategic alliance for the local production of Xiaomi smartphones. However, the addition of smart TVs to their joint ventures is expected to have a significant impact. It has the potential to create new job opportunities and substantially increase Pakistani phone manufacture’s revenue, further solidifying their position as a key player in the consumer electronics market.
Xiaomi – innovation powerhouse
- Xiaomi TV shipments ranked No. 1 in mainland China in the first half of 2023, according to All View Cloud. The company is ranked fifth globally.
- In addition to its TV dominance, Xiaomi holds the title of the world’s third-largest smartphone brand, with its products available in over 100 countries and regions.
- In 2023, Xiaomi secured the 360th spot in the Fortune Global 500 list, marking its fifth consecutive year on this prestigious roster.
- Xiaomi, which entered the smartphone market in 2010, became one of the world’s largest smartphone makers within 7 years
- The tech giant transformed into the world’s largest consumer IoT (Internet of Things) firm by 2020, with its revenue surpassing $37 billion and more than 210 million IoT devices sold across more than 90 countries.
The latest partnership reflects the ever-evolving landscape of consumer electronics, with a renowned global brand partnering with a Pakistani industry leader to deliver cutting-edge products to digital readers and viewers worldwide.