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Chinese smart- phones continues to infiltrate Egyptian market

75% of mobile phone prices to drop under $100 by 2020, says El-Motaheda CEO.
18.03.15 | Source: Daily News Egypt

Competition among smart-phone companies in the Egyptian market has reached its peak, as demand for Chinese phones increased while the market shares of other manufacturers decrease.

The low prices of Chinese phones helped them spread widely, which resulted in Chinese companies’ share of the Egyptian market reaching its peak, which set back the market shares of a number of big companies.

Abdel Moneim El-Khawaga, CEO of El-Motaheda Group G-TIDE and ARCOS devices’ agent, believes the expansion of Chinese companies at this time is natural, seeing as 92% of the world’s phones are manufactured in China. He further pointed out that six of the largest 10 companies in the world are Chinese, which gives them experience in the field of smart phones.

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