{"id":585385,"date":"2023-04-18T00:00:00","date_gmt":"2023-04-18T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2023\/04\/18\/french-manufacturer-assembling-smartphone-at-sico-plant\/"},"modified":"2023-04-18T00:00:00","modified_gmt":"2023-04-18T00:00:00","slug":"french-manufacturer-assembling-smartphone-at-sico-plant","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2023\/04\/18\/french-manufacturer-assembling-smartphone-at-sico-plant\/","title":{"rendered":"French manufacturer assembling smartphone at Sico plant"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"\"> <\/span><span style=\"font-weight:700\">French smartphone maker <\/span><span style=\"-webkit-text-decoration-skip:none;font-weight:700;text-decoration-skip-ink:none\"><a href=\"https:\/\/www.acemobilefr.com\" style=\"\">Ace<\/a><\/span><span style=\"font-weight:700\">has started producing phones at <\/span><span style=\"font-weight:700\">Sico Egypt\u2019s <\/span><span style=\"font-weight:700\">factory in Assiut<\/span><span>, <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/bit.ly\/3KEISfD\" style=\"\">Al Mal<\/a><\/span><span> reported on Thursday. The company is making an initial EGP 150-200 mn investment in its operations, Commercial Director Amr El Hefnawy reportedly told the newspaper.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">The company, together with its local distributor KG Tech<\/span><span> (<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/eg.linkedin.com\/company\/kg-tech-for-electronics-trading-distribution\" style=\"\">LinkedIn<\/a><\/span><span style=\"font-weight:400;\">), launched three smartphones and four feature phones \u2014 and plans to produce tablets in the second half of this year,  El Hefnawy reportedly told the newspaper. Ace plans to export some of its phones to countries in West Africa in addition to selling it here in Egypt, he said.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">Lawmakers are trying to boost the local industry:<\/span><span style=\"\"> MPs voted in February to <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/c4f0f066-1b6d-48e7-83b2-67753e171afd\" style=\"\">slash customs duties and eliminate the 5% development fees<\/a><\/span><span style=\"font-weight:400;\"> on imported mobile phone components in a bid to boost manufacturing and localize the industry. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">The local phone assembly industry is picking up steam in Egypt: <\/span><span style=\"\">Samsung and Nokia manufacturer <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/a0bdf89a-290e-43aa-bc76-637c902ac0a7\" style=\"\">HMD Global<\/a><\/span><span style=\"\"> are <\/span><span style=\"\">among the firms assembling models here, and they should soon be joined by Chinese manufacturers <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.mi.com\/global\" style=\"\">Xiaomi<\/a><\/span><span style=\"\">,<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/e37a9c1a-0a2a-4b03-8262-f38319d05977\" style=\"\">Oppo<\/a><\/span><span style=\"\">,<\/span><span style=\"\"> and <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/ea0248ff-94a7-42dc-a11d-302c345bcee9\" style=\"\">Vivo<\/a><\/span><span style=\"font-weight:400;\">. <\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Company plans to export phones to West Africa<\/p>\n","protected":false},"author":1,"featured_media":585386,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7255],"tags":[9190,72,131,8326],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-585385","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-manufacturing","tag-ace","tag-enterpriseam","tag-manufacturing","tag-sico","wpautop","entry"],"acf":{"mongo_id":"9eef5dad-6600-4970-b359-476d59ed122a","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2023\/4\/622.jpg","photo_position":"above","homepage_title":"","full_issue_title":"French manufacturer assembling smartphone at Sico\u2019s plant in Egypt","related_issue":[585378],"teaser":"Company plans to export phones to West Africa","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/4\/.dedd8f9e-023c-49b6-bec4-832afc9bbdd4.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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SICO already exports 25% of its products to the Gulf, but aims to increase this to 50% next year and expand into European and African markets. \u201cWe\u2026","rel":"","context":"In &quot;Telecoms + ICT&quot;","block_context":{"text":"Telecoms + ICT","link":"https:\/\/enterpriseam.com\/egypt\/category\/telecoms-ict\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":636159,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/21\/europe-sends-supply-requests-to-sico\/","url_meta":{"origin":585385,"position":1},"title":"Europe sends supply requests to SICO","author":"enterpriseam admin","date":"21 December 2017","format":false,"excerpt":"SICO has received orders for its mobile phones from European countries, including the UK and the Netherlands, due to their low costs, company president Mohamed Salem said in a televised interview, according to Al Mal. There are already plans to export phones to West Africa and the Middle East first,\u2026","rel":"","context":"In &quot;Telecoms + ICT&quot;","block_context":{"text":"Telecoms + ICT","link":"https:\/\/enterpriseam.com\/egypt\/category\/telecoms-ict\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":602135,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/19\/sico-to-produce-1-2-mn-phones-in-2019\/","url_meta":{"origin":585385,"position":2},"title":"SICO to produce 1.2 mn phones in 2019","author":"enterpriseam admin","date":"19 March 2019","format":false,"excerpt":"Egyptian electronics manufacturer SICO aims to produce 1.2 mn phones this year at its facility in Assiut\u2019s technological park, CEO Mohamed Salem said, according to Al Shorouk. SICO, which produces the first Egyptian-made mobile phone, began producing a tablet in mid-2018. We had reported that SICO was looking to enter\u2026","rel":"","context":"In &quot;Telecoms + ICT&quot;","block_context":{"text":"Telecoms + ICT","link":"https:\/\/enterpriseam.com\/egypt\/category\/telecoms-ict\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":629412,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/05\/30\/pharos-helps-sico-land-financing-from-banque-misr-for-new-assiut-smartphone-plant\/","url_meta":{"origin":585385,"position":3},"title":"Pharos helps SICO land financing from Banque Misr for New Assiut smartphone plant","author":"enterpriseam admin","date":"30 May 2018","format":false,"excerpt":"Pharos helps SICO land financing from Banque Misr for New Assiut smartphone plant: Our friends at Pharos Holdings announced yesterday (pdf) that they successfully closed out their mandate to help Egyptian Silicon Industries Company (SICO) obtain a facility from Banque Misr to finance the Egyptian smartphone maker\u2019s new 4,500 sqm\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":633998,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/02\/sico-phones-on-sale-second-half-of-january\/","url_meta":{"origin":585385,"position":4},"title":"SICO phones on sale second half of January","author":"enterpriseam admin","date":"2 January 2018","format":false,"excerpt":"SICO plans to have their Egyptian-made smartphones in store shelves in the second half of January 2018, company President Mohamed Salem tells Al Shorouk. The company\u2019s flagship device the Nile X was supposed to go on sale mid-December but the date was pushed after a large-scale theft of batteries occurred\u2026","rel":"","context":"In &quot;Telecoms + ICT&quot;","block_context":{"text":"Telecoms + ICT","link":"https:\/\/enterpriseam.com\/egypt\/category\/telecoms-ict\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":598841,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/06\/10\/smartphone-brains-in-a-nokia-style-body-could-this-bring-1-bn-people-online\/","url_meta":{"origin":585385,"position":5},"title":"Smartphone brains in a Nokia-style body: Could this bring 1 bn people online?","author":"enterpriseam admin","date":"10 June 2019","format":false,"excerpt":"Smartphone brains in a Nokia-style body: Could this bring 1 bn people online? That\u2019s what San Diego-based KaiOS Technologies is banking on, partnering with phone makers and operators to roll out affordable feature phones with smartphone power across Africa, Shira Ovide writes for Bloomberg. Internet penetration in Africa is staggeringly\u2026","rel":"","context":"In &quot;Worth reading&quot;","block_context":{"text":"Worth reading","link":"https:\/\/enterpriseam.com\/egypt\/category\/lifestyle\/worth-reading\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2019\/6\/993.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/585385","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=585385"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/585385\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/585378"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/585386"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=585385"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=585385"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=585385"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=585385"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=585385"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}