News

Pakistan seeks Korea’s help in smartphone production

Federal Minister for IT and Telecommunication Syed Aminul Haque has urged South Korea to support Pakistan in smartphone assembly and manufacturing.

As reported by Business Recorder, during a meeting with Korean Ambassador to Pakistan Suh Sangpyo, the minister highlighted that Korea could invest in Pakistan as the atmosphere was conducive for foreign investment in the country. Both sides discussed matters of mutual interest and agreed to enhance cooperation in the field of IT and telecom.

Haque stated that Pakistan highly valued its relations with Korea and told the ambassador that the IT ministry was taking steps to promote digitalization.

Pakistan’s IT and telecom sector is progressing rapidly,” he stressed.

The federal minister mentioned that Pakistan’s ICT export remittances had surged to $1.512 billion at a growth rate of 43.59% in July-March of current fiscal year as compared to $1.053 billion in the same period of previous fiscal year.

He added that the Ministry of IT and Telecommunication was committed to providing telecom services across the country including Azad Jammu and Kashmir as well as Gilgit-Baltistan.

He said that Pakistan wanted to get benefit of the experience of Korea in the field of IT. Hence, exchange of IT professionals and cooperation between startups of the two countries was vital.

Speaking on occasion, the Korean ambassador said that Seoul wanted to establish an information access centre in Pakistan. He praised the IT ministry’s efforts for the promotion of IT and telecommunication in the country.

Sponsored
Hamza Zakir

Platonist. Humanist. Unusually edgy sometimes.

Share
Published by
Hamza Zakir

Recent Posts

Teachers Can Now Access OpenAI’s Free AI Course

OpenAI, in collaboration with nonprofit organization Common Sense Media, announced on Wednesday the launch of…

36 mins ago

WhatsApp-Inspired Updates Under Testing in Google Messages

Google is exploring a revamped image-sharing interface in its Messages app, taking cues from WhatsApp…

57 mins ago

Create AI Video Backgrounds with YouTube Shorts’ Dream Screen

When it comes to online video streaming, YouTube is among the most well-known options. Every…

1 hour ago

Telecom Operators to Automatically Restore SIMs for Tax Filers

The Federal Board of Revenue (FBR) has introduced a comprehensive mechanism for blocking and unblocking…

3 hours ago

Trump’s Influence Fuels Bitcoin to Cross $100,000

Bitcoin broke the $100,000 mark for the first time on Thursday, driven by Trump's crypto-friendly…

3 hours ago

PSX Hits New Heights, Surges by 1,800 Points to Cross 97,000

On Thursday, the Pakistan Stock Exchange (PSX) 100 Index surged by 1,781.94 points, or 1.86%,…

4 hours ago