Oppo interested in establishing phone assembly in Egypt

INVESTMENT WATCH- Chinese electronics firm Oppo just short of pledging to open a smartphone plant in Egypt. The company’s president for the Middle East and Africa, Andy Shi, told Youm7 in an interview that Oppo is willing to enter negotiations to establish the plant, but the success of those talks would hinge on how favorable the investment climate is, he said, without elaborating on what he would need to see before committing. The company views Egypt as a crucial markets, and sales here are up 131% in the span of a year. Oppo is also interested in working with mobile network operators on the launch and maintenance of 4G services, although no talks are underway at the moment. Oppo has gained significant global market sharewith a range of phones that have generally been quite well-received by reviewers.