Transsion, the brand that owns TECNO, itel, and Infinix mobile phones, acquired 20% of the mobile market share in 2016, according to regional business development director Mohamed Ismail. Transsion intends to establish that factory in the technological zone in Borg El-Arab to manufacture mobile devices and LED lamps in 2017. Transsion signed an agreement with the Information Technology Industry Development Agency (ITIDA) last year to cooperate in the field of manufacturing and designing electronics. It also signed an agreement with Silicon Waha to establish a factory for mobile devices and LED lamps in the technological zone in Borg El-Arab through the Cairo ICT 2016 exhibition. The Ministry of Communications and Information Technology allocated EGP 361m of its budget for the short-term plan of the committee.

Source: Daily News Egypt January 11, 2017 07:10 UTC