Apple to Manufacture iPhones in Pakistan, Government Offers Incentives

• Apple to begin manufacturing iPhones and refurbishing older models in Pakistan.
• Government offers incentives including discounted land and an 8% performance incentive.
• Pakistan expects $100 million from refurbished iPhone re-exports in the first year.
• New policy aims to attract global manufacturers and make Pakistan a regional export hub.
• Chinese companies also expected to invest $557 million in mobile manufacturing.