Lucky Motors Corporation Limited (LMC) a subsidiary of Lucky Cement Ltd, has recently entered into an agreement with Samsung Gulf Electronics Co., FZE (“SamSung”) for producing Samsung branded Mobile Devices in Pakistan. Luck Mototrs has also initiated the process of seeking necessary regulatory approvals to carry on the said business and in this endeavor, has filed an application with the Pakistan Telecommunication Autority (PTA) for securing the license.
The production facility for producing Samsung mobile Devices will be located at the LMC’s existing plant facility producing vehicles at Bin Qasim Insutrial Park, Special Economic Zone, Port Qasim – Karachi. The production facility is anticipated to be completed by the end of December, 2021.
