(MENAFN- Daily News Egypt) An official at the Hong Kong-based smartphone company, Infinix, revealed that the company has started manufacturing its smartphones in Egypt.
The official added that the company celebrated, on Tuesday, the manufacture of its first smartphone in Egypt. This ensures that Infinix will be the first global manufacturer of smartphones to launch production lines for its products in Egypt, and the second mobile factory in Egypt after the Egyptian company Sico Technology.
Infinix signed a cooperation agreement with Sico, under which new production lines to assemble smartphones will be launched at the latter's facility in the Assiut technology zone.
The Sico-E plant is equipped with SMT lines with all CNC equipment and related testing equipment. It will also feature a line of wavelength welding lines, as well as 3 SKD lines with all the related mobile phone testing services and calibration equipment and devices.
These new production lines are operated by 300 engineers, technicians, and workers. The Sico factory's production capacity is 6,000 4G smartphones with 4K resolution.
In a statement, Infinix said that it had spent an extended period of time studying the opportunities before making this investment decision. As part of this, many alternatives were studied to enable the company to reach and undertake this fruitful cooperation and choose Egypt as its smartphone manufacturing hub.
The company added that it was encouraged to take this step by the Egyptian government's support for the electronics industry, and the presidential initiative to manufacture electronics, which was launched in 2016.
The Egyptian government has also provided incentives in the form of the new investment law, with the country's Ministry of Communications and Information Technology also lending its support.
Infinix was launched in 2013 targeting younger generations of users.
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