Sunday 08/March/2026 – 10:00 PM
said Mohamed Hedaya Al-Haddad, member of the Board of Directors of the Giza Chamber of Commerce and Chairman Mobile Merchants DivisionThe stability of the mobile phone market is linked to several technical and economic factors, the most prominent of which are the cost of production inputs, the prices of imported components, the exchange rate, in addition to customs and tax burdens.
Al-Haddad stressed in a statement to the Mobile Merchants Division that achieving a stable price balance in the market requires continued coordination between the concerned parties, ensuring that the development in the local industry is reflected in the trading movement and prices within the market.
Plans to increase local phone production to 15 million devices annually
Al-Haddad called on manufacturers to adopt competitive pricing policies that keep pace with the prices of neighboring countries, taking into account achieving a fair profit margin for merchants that enables them to fulfill their operational obligations, such as salaries and rents. He stressed that the merchant represents an essential link in the market system and infrastructure to deliver the product to the final consumer.
The head of the Mobile Merchants Division pointed out that the official indicators issued by the concerned authorities in the communications and industry sectors reflect a remarkable development in the path of local manufacturing of mobile phones, as the number of companies that began manufacturing or assembling inside Egypt has increased to approach 15 companies, and the annual production capacity has also increased from about 3 million devices two years ago to more than 10 million devices currently, with plans to raise it to about 15 million devices annually during the coming period.
Al-Haddad explained that these industrial developments contribute to covering a large portion of the local demand, which ranges between 20 and 25 million devices annually. They also help reduce dependence on fully manufactured imports, reduce pressure on foreign currency, and enhance the electronics sector’s contribution to industrial output.
Al-Haddad concluded his statements by emphasizing that continued support for the local industry and coordination of customs and pricing policies will enhance market stability and ensure the success of the local manufacturing experience in achieving its strategic goals, whether in terms of increasing production, maximizing added value, or meeting the needs of consumers and merchants alike.
