INVESTMENT WATCH- Indian smartphone manufacturer Lava Mobiles is looking into establishing a mobile phone factory in Egypt in 2019, Senior Vice President Vikram Singh Parmar said, Al Masry Al Youm reports. No further details were provided on the expected investment value. Lava recently began selling its lower-cost mobile phones and smartphones in Egypt, as we noted last week. The company is looking to snap up a 20% market share in the country by 2020.

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