The CEO of the Information Technology Industry Development Agency (ITIDA), Asmaa Hosni, said that the construction works of the mobile phones factory in Assiut Technological Park have already started and are due to be completed within the next few weeks. Hosni told Daily News Egypt that the first mobile phones will be produced by the Assiut factory next September. The locally-manufactured components will represent 20% of the new mobile phones and it will be increased gradually. The production capacity of the factory will be increased to 12m devices in 2018. The short-term plan of the industry committee depends on five key industries, including mobile phones, GPS, and LED bulbs—of which almost 80% are electronic components—screens industry, and solar industry supplies, such as solar panels, power transformers, control devices, and smart electricity metres.

Source: Daily News Egypt March 15, 2017 06:45 UTC