Egypt signs on $20 million initiative to manufacture smartphones locally ...Egypt

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Egyptian Minister of Communications Amr Talaat conducted an inspection tour on Friday for the the new Vivo Telecom Technology Company factory, specialized in manufacturing smart phones in the 10th of Ramadan City in Sharqiya Governorate. The minister explained that factory is built on an area of 11,000 square meters, with investments of about US$20 million, increase to $30 million within a year. It will contribute to providing 1,500 job opportunities within a year, and uses the latest international technologies in production lines, surface installation devices, assembly, calibration and testing. The government is keen to develop this important industry in implementation of the presidential i

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