The Pak Banker

COVID-19 in China hits Pakistan's mobile business

- SWAT -APP

The Coronaviru­s pandemic that is wreaking havoc across the globe has badly hit the mobile phones business in Pakistan. Pakistan's mobile business activities are likely to stay in red zone amid coronaviru­s fears .Over millions of people associated with smart phones trade are facing numerous troubles also having great impact on Mobile phones users as well.

During a visit to different markets of the mobile parts and accessorie­s it was witnessed that the rates are increasing with every passing day, while market running items are short due to which the whole sale dealers sell those on high rates, thus directly affecting the general public and mobile users, twin brothers and whole sale dealers in Peshawar Wahab Mohmand and Shahab Mohmand, running their business in main sadder, informed media.

They said that they were paying huge money in term of rental of the shops in posh areas but the trade become zero as far as visit of the customers, small shop keepers so the government should take steps and facilitate the people losing million of rupees on daily basis.

Another businessma­n hailing from Khawzakhal­a, Swat Shah Faisal, who is also running his mobile business in City Mobile Plaza and Mingora Swat when contacted, said, Malakand Region was Pakistan's second largest division and mobile phones business was on its peak especially at Swat where large segment of society was attached to this business.

He said, in the pre-terrorism era, the people of Swat were mostly attached with tourism industry but soon after going toward a complete normalcy, most of the people invested millions in mobile phone businesses where majority have only it as a single source of income.

Shah Faisal said that everyday a large number of people from different walks of life were seen in mobile phone markets located in Mingora city,either selling or buying smart phones in these markets while the small shopkeeper­s of the adjacent areas including Dir Upper, Dir Lower, Buner, Chitral etc.visit the place to purchase mobiles accessorie­s.

Due to recent coronaviru­s out break these markets were seen less crowded as people were confined to their houses but those running the business have to pay huge amount in terms of rent, electricit­y bills and other routine expenditur­es, he informed. Mobile phone business ratio is decreasing day by day; this phenomenon was causing anxiety among the Swat's Mobile phone business community.

Usman 40, who is Vice President of Swat's, Mobile Phones Industry, has said that Mobile phones industry was suffering a lot from the coronaviru­s spread which severely hit the business. He said that China was the biggest exporter of trending mobile phones in the market. "Now we are selling out products which we have in stock as Pakistan has suspended trade activities with China, he said adding, "we are facing very hard circumstan­ces."

"Actually mobile companies in China were closed due to coronaviru­s, manufactur­ing process has slowed down and trade borders are blocked. We have paid advanced payment to the relevant mobiles companies for ordering but now in the current situation our orders are stuck at China, Usman added. He said due to the shortage of accessorie­s the prices were jumped up to double in the market whose impact is directly on the consumers.

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