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Samsung produces its first mobile phone in Egypt

Walid Ramadan, Vice President of the Mobile and Satellite Division in Egypt, announced that the mobile giant Samsung produced its first phones manufactured in Egypt, in a move that will help reduce the prices of this type of phones in Egypt.

Ramadan told Al-Masry Al-Youm that Samsung opened a mobile phone factory in Beni Suef, thus becoming the fourth company after Sico, Vivo and Nokia to open factories in Egypt.

He pointed out that this represents a quantum leap in the mobile phone industry and a step that saves millions of dollars used in importing these commodities.

Ramadan added that this will also prompt more international companies to open their factories in the Egyptian market, where about 18 million phones are purchased annually.

The number of internet lines sold in Egypt annually reaches more than 60 million, mobile phone chips are about 95 million, and wallets are 17 million.

Egypt’s imports of mobile phones declined by 50.7 percent, to reach $299.1 million during the first four months of this year, compared to $607 million in the same period of 2021.

For his part, a member of the Egyptian Communications Division, Mohamed Hedaya, said that the opening of mobile factories in Egypt will provide job opportunities and foreign exchange and localize the technology industry in Egypt.

He added that specialized factories for mobile phone services such as chargers, headphones and other phone accessories are planned in the future to eventually turn Egypt into a center for manufacturing mobile phones.