Samsung will establish smartphone factory in Egypt

On June 2nd, Samsung met Amr Talaat, Minister of Communications and Information Technology Egypt, and agreed to establish a new smartphone factory in the country. Both parties agreed on the construction of a smartphone factory across 6,000 square meters in Beni Suef.

According to the information, the new Samsung smartphone factory, which will establish in Egypt, will create about 1,400 direct and indirect job opportunities. In addition, it is planned that the factory’s construction will begin in the fourth quarter of 2023.

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Samsung’s factory will deliver the latest Galaxy smartphones, made by Egyptian hands and global technology. Moreover, it will help transfer technology and technical know-how to the Egyptian market, thus supporting the indigenization of the mobile phone industry in the country.

Egypt’s ICT Minister noted that the govt is keen to introduce incentive schemes for investors and provide a workforce well-versed in electronics-related specializations. The new factory builds on the productive cooperation with Samsung, which paid off with the manufacturing of educational tablets in Egypt.