Nokia mobile phones are to be manufactured in Egypt following an agreement signed last week between HMD International, which owns the Nokia brand and Etisal Company for Advances Industries (EAI).
The agreement which aims to produce one million mobile devices of different models within the current year was signed between Tamer El-Gamal, General Manager of HMD in Egypt and Ahmed Abu Auf, the Managing Director of EAI and the Egyptian Ministry of Communications and Information Technology. Production is expected to double in the coming period.
According to a statement by the Communications Ministry, HMD will use EAI's factory in Sixth of October City to produce both smart phones and older "dumb" phones, without disclosing whether the products will be exported or sold domestically.
As part of the agreement HMD will also provide the factory with raw materials, technical support, inspection and testing tools, and calibration equipment. The company will also provide technical and technological training the statement said.
After Samsung, Nokia is the most popular mobile phone brand in Egypt. In 2019 Telecom Egypt signed a memorandum of understanding (MoU) with the Finnish company to provide Internet of Things (IoT) services to businesses in Egypt.