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Apple to start iPhone repair and manufacturing in Pakistan with government incentives, targeting $100M in exports.
Apple plans to begin manufacturing and refurbishing iPhones in Pakistan under a new government-backed electronics framework, offering incentives like discounted land and an 8% performance bonus.
Initial focus will be on repairing older iPhones for re-export, mirroring models in India and Southeast Asia, with a target of $100 million in first-year export revenue.
The policy aims to boost local component use from 12% to 50% over time and may impose a 6% export levy on high-end phones to fund tech development.
Chinese firms are expected to invest $557 million, and the government plans to expand electric vehicle subsidies, including potential low-cost electric four-wheelers.
The initiative awaits final approval.
Apple comenzará la reparación y fabricación de iPhone en Pakistán con incentivos gubernamentales, con un objetivo de 100 millones de dólares en exportaciones.