(MENAFN- Daily News Egypt)
Tamer El-Gamal, the General Manager of HMD, the manufacturer of Nokia smartphones in Egypt, said that local mobile manufacturing at the SEICO factory in the Asyut Technology Zone would save up to 20% of production costs, especially for high-end models. He made these remarks to Daily News Egypt on the sidelines of the press conference held by the company on Monday to announce its partnership with the Egyptian Silicon Industries Company (SEICO Technology).
El-Gamal explained that the company plans to manufacture its products and device models in two local factories. One is owned by Communication Import, with a contract duration of five years, and the other is affiliated with SEICO Technology in the Asyut Technology Zone.
He added that Nokia aimed to produce between two to three million units, but exchange rate…
