PHOTO
This picture taken on November 1, 2022 shows a view of the skyline of Egypt's capital Cairo, showing the landmark Cairo Tower (2nd-L) built in 1961, the Cairo Opera House (3rd-L below), the high-rise building used as the headquarters of the foreign ministry (C), the Egyptian Radio and Television Union headquarters building (3rd-R), and the Sofitel (2nd-R) and Ramses Hilton (R) hotel buildings. (Photo by Amir MAKAR / AFP) Image used for illustrative purpose.
Arab Finance: Vivo, a global leading technology company specializing in smartphone manufacturing, announced strengthening its investments and industrial operations in Egypt, as per an emailed press release.
This came as the company launched its new locally manufactured Y29 smartphone from its advanced factory in the 10th of Ramadan City.
The announcement is set to bolster vivo’s presence in the Egyptian market, ensuring its commitment to innovation and local manufacturing in Egypt.
This expansion boosts Egypt’s position as a regional manufacturing hub, creating 1,500 direct and indirect job opportunities.
The factory’s production capacity can reach up to 500,000 “Made in Egypt” smartphones per month, contributing to the local economy and boosting the Egyptian market’s capabilities.
This aligns with vivo’s strategy to deliver cutting-edge technology at accessible prices while enhancing its distribution network and after-sales services, which currently include 11 service centers across the country.
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