Air Link Communication Limited (Airlink) manufactures and distributes smartphones in Pakistan. The company has entered into a strategic partnership with Acer Gadget. Acer Gadget is a global leader in innovative and affordable technology.
The listed company shared the development in its notice to the Pakistan Stock Exchange (PSX) on Tuesday.
Acer Gadget Inc. is a global leader in innovative and affordable technology. The company announces a strategic partnership with Air Link. They plan to introduce ‘Acer Gadget e10’ laptops, tablets, and all-in-one devices to the Pakistani market. Air Link shared this information in its notice.
As part of this collaboration, Airlink secured distribution rights. The company also signed an exclusive assembling agreement with Acer Gadget’s manufacturing partner, Shanghai Sixunited Intelligent Technology Co. Ltd. Consequently, under this agreement, Airlink will assemble these products at its Lahore facility.
“This partnership marks a significant step forward in Air Link’s commitment to the ‘Made in Pakistan’ initiative and aims to elevate the Pakistani technology landscape by providing consumers with high-quality, accessible devices,” said the company.
The company’s share price increased on Tuesday after the PSX notice, and was hovering around Rs139 at the time of this report. It had closed at Rs132.14 at the end of Monday’s session.
Acer Gadget Inc.
Acer Gadget Inc. is a subsidiary of Acer Inc. It is a renowned Taiwanese multinational corporation. It is known for its expertise in hardware and electronics. The company has earned a strong reputation in the computing industry. It is particularly recognized for its laptops, desktops, and monitors. Moreover, it is well-known for offering a wide range of related peripherals.
Air Link founded as a private limited company in January 2014 and converted to a public limited company in April 2019. The company handles the import, export, distribution, wholesale, and retail of communication and IT-related products. These products include smartphones, tablets, laptops, and accessories.
In June, Air Link signed a Memorandum of Understanding (MoU) with IMIKI Corporation, a Chinese technology company, to manufacture smart wearable devices.
Additionally, in October of last year, Air Link entered into a partnership with Xiaomi, a global leader in consumer electronics and smartphones. As a result, they began producing smart TVs at Air Link’s Lahore manufacturing facility. Air Link and Xiaomi already share a strategic partnership for the local production of Xiaomi smartphones.
