ISLAMABAD: Air Link Communication Limited (Airlink), a smartphone manufacturer and distributor in Pakistan, has formed a strategic partnership with Acer Gadget, a global leader in innovative and affordable technology.
The listed company announced the development in its notice to the Pakistan Stock Exchange (PSX).
“Acer Gadget Inc., a global leader in innovative and affordable technology, announces a strategic partnership with Air Link to introduce ‘Acer Gadget e10’ laptops, tablets, and all-in-one devices to the Pakistani market,” Air Link stated in its notice.
The company announced that, as part of this collaboration, Air Link has been granted distribution rights and has entered into an exclusive assembling agreement with Acer Gadget’s manufacturing partner, Shanghai Sixunited Intelligent Technology Co. Ltd., to assemble these products at Air Link’s Lahore facility.
“This partnership represents a significant advancement in Air Link’s commitment to the ‘Made in Pakistan’ initiative and aims to enhance the Pakistani technology landscape by offering consumers high-quality, accessible devices,” said the company.
The company’s share price rose following the PSX notice, hovering around Rs139 at the time of this report. It had closed at Rs132.14 at the end of Monday’s session.
Founded as a private limited company in January 2014 and converted into a public limited company in April 2019, Air Link is engaged in the import, export, distribution, wholesale, and retail of communication and IT-related products, including smartphones, tablets, laptops, and accessories.
In June, Air Link signed a Memorandum of Understanding (MoU) with IMIKI Corporation, a Chinese technology company, to produce smart wearable devices.
Additionally, in October of last year, Air Link formed a partnership with Xiaomi, a global leader in consumer electronics and smartphones, to manufacture smart TVs at its Lahore facility. Air Link and Xiaomi already have a strategic partnership for the local production of Xiaomi smartphones.
