According to a new report, Samsung is building a smartphone manufacturing plant in Egypt.
According to the Arab Finance Network, the Egyptian Ministry of Communications and Information Technology released news on June 2 that Samsung Electronics Egypt will build a new mobile factory covering an area of 6,000 square meters in Beni Suef (a city in northern Egypt).
According to reports, the new factory will provide about 1,400 direct and indirect employment opportunities, especially in Upper Egypt, and the construction of the project is scheduled to start in the fourth quarter of this year.
Once the factory goes into production, the latest Samsung Galaxy phones will be produced locally at the new factory to meet Samsung’s demand in the Egyptian market.
The report pointed out that Amr Talaat, Minister of Communications and Information Technology of Egypt, held talks with Jun Su Jung, chairman of Samsung Egypt, and his accompanying delegation to reach a consensus on the establishment of a new Samsung factory in Egypt.
However, the small scale of this factory, the phones produced here are unlikely to be exported to other markets around the world. Samsung’s largest smartphone manufacturing plant remains in Vietnam and Samsung has also recently expanded its manufacturing facilities in India.