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DNA

Mobile phone prices in Pakistan see massive drop

Published on: May 12, 2024 3:24 PM

Mobile phone markets across the country including Lahore and Faisalabad are witnessing a dramatic decline in prices, sending shockwaves through the city’s tech-savvy populace. Reports indicated that mobile phone prices have plummeted by a staggering 20 to 40 percent, reshaping the landscape of consumer electronics in the provincial capital. According to market sources, flagship smartphones once commanding a hefty price tag of Rs100,000 have now become accessible to the masses, with prices ranging from Rs65,000 to Rs70,000. Similarly, mid-range devices previously valued at Rs64,000 are now available for less than Rs50,000, marking a significant shift in affordability for Lahore’s gadget enthusiasts. Even more astonishingly, smartphones with a price tag of Rs50,000 are now within reach for as low as Rs35,000 to Rs38,000, signaling a democratization of high-tech gadgets in the local market. Entry-level mobile phones, once considered a luxury for many, are now priced at a more accessible Rs20,000, opening doors to connectivity for a wider segment of the population.

Filed Under: Business

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