{"id":670513,"date":"2025-08-20T00:00:00","date_gmt":"2025-08-20T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2025\/08\/20\/two-chinese-smartphone-makers-probing-opening-up-production-in-egypt\/"},"modified":"2025-08-20T00:00:00","modified_gmt":"2025-08-20T00:00:00","slug":"two-chinese-smartphone-makers-probing-opening-up-production-in-egypt","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2025\/08\/20\/two-chinese-smartphone-makers-probing-opening-up-production-in-egypt\/","title":{"rendered":"Two Chinese smartphone makers probing opening up production in Egypt"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Good afternoon, friends, and happy almost-weekend<\/strong>. The news cycle seems to be winding down as we approach the end of the workweek. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">THE BIG STORY TODAY-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Two Chinese smartphone makers are probing opening up production in Egypt <\/strong><strong>under six-month pilot investment<\/strong>, which will see HKEX-listed <a target=\"_blank\" href=\"http:\/\/www.coolpad.com.hk\/#\/\" style=\"\" rel=\"noopener\">Coolpad<\/a> and <a target=\"_blank\" href=\"https:\/\/m.kxdmobiles.com\/\" style=\"\" rel=\"noopener\">KXD<\/a> invest EGP 100 mn in an experimental first stage, <a target=\"_blank\" href=\"https:\/\/almalnews.com\/premium\/2071454\/%D9%83%D9%88%D9%84%D8%A8%D8%A7%D8%AF-%D9%88%D9%83%D9%8A%D9%87-%D8%A5%D9%83%D8%B3-%D8%AF%D9%8A-%D8%A7%D9%84%D8%B5%D9%8A%D9%86%D9%8A%D8%AA%D8%A7%D9%86-%D8%AA%D8%B3%D8%AA%D8%AB%D9%85%D8%B1%D8%A7%D9%86-100-%D9%85%D9%84%D9%8A%D9%88%D9%86-%D8%AC%D9%86%D9%8A%D9%87-%D9%81%D9%89\/\" style=\"\" rel=\"noopener\">Al Mal<\/a> reports, citing unnamed industry sources. The two companies \u2014 which are understood to not share a parent company \u2014 will produce mid-range phones with a local component ratio reaching 45%.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The two companies will take stock off the experiment six months in \u2014 and hopefully <\/strong><strong>follow this with some more investment news. <\/strong>Both companies have a particular interest in establishing production facilities in Egypt due to the country\u2019s position as an entry point into African markets, according to the sources.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>AND- <\/strong><strong>Egypt plans to boost electricity interconnection capacity to 3.9 GW by the end of <\/strong><strong>2026<\/strong>, up from 790 MW last year, a government source told EnterpriseAM. The increase will come through the completion of multiple regional interconnection projects. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">THE BIG STORY ABROAD-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>It\u2019s another day with a mixed bag of headlines in the international press<\/strong>. Among the stories getting top billing:<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The Israeli army is set to call some 6<\/strong><strong>0k<\/strong><strong> reservists in the coming weeks as it prepares <\/strong><strong>to <\/strong><strong>take full control of Gaza City<\/strong>. Israeli Defense Minister Israel Katz approved a plan to begin a new phase of military operations across Gaza\u2019s most populated areas, where it says Hamas is still active. The news comes amid intensifying warnings of a worsening humanitarian crisis in Gaza, and follows Hamas\u2019 acceptance of a ceasefire proposal \u2014 which Israel is yet to issue a formal response to. (<a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/34df5836-2c2f-4f4f-90d1-174797e53c0b\" style=\"\" rel=\"noopener\">Financial Times<\/a> | <a target=\"_blank\" href=\"https:\/\/apnews.com\/article\/israel-palestinians-hamas-gaza-war-news-08-20-2025-f6d9abdbfd503e0d2bc06a10a9b3aad5\" style=\"\" rel=\"noopener\">Associated Press<\/a>)<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Over in business news, Chinese toymaker and Labubu manufacturer Pop Mart is <\/strong><strong>anticipating over USD 4 bn in revenue in 2025.<\/strong> The Labubu-maker announced a 396.5% jump in net income as demand continued to rise for the doll collectibles, with revenue up 204.4% y-o-y in 1H 2025, exceeding forecasts. Shares in the Chinese toymaker have risen over 200% YTD. (<a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/retail-consumer\/pop-mart-sees-revenue-hitting-over-4-bln-this-year-launch-mini-labubus-2025-08-20\/\" style=\"\" rel=\"noopener\">Reuters<\/a> | <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-08-19\/pop-mart-s-labubu-doll-frenzy-drives-huge-revenue-profit-growth\" style=\"\" rel=\"noopener\">Bloomberg<\/a> | <a target=\"_blank\" href=\"https:\/\/www.cnbc.com\/2025\/08\/20\/labubu-pop-mart-shares-after-profit-surge.html\" style=\"\" rel=\"noopener\">CNBC<\/a>)<\/p>\n<div class=\"row\">\n<div class=\"col-md-12 subscribe-box-panel\">\n<div class=\"\">\n<div class=\"title\">\n<h4 class=\"fw-lighter mb-10\">   Get <b style=\"font-weight: 700\">Enterprise<\/b> daily   <\/h4>\n<\/p><\/div>\n<p class=\"mb-10\">The roundup of news and trends that move your markets and shape corporate agendas delivered straight to your inbox.<\/p>\n<p>  <a target=\"_blank\" href=\"\/egypt\/en\/user\/NewsLetters\" type=\"button \" class=\"btn-green px-3 d-flex align-items-center\" rel=\"noopener\">Subscribe here<\/a>  <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>\u2600\ufe0f <\/strong><strong>TOMORROW\u2019S<\/strong><strong> WEATHER- <\/strong>Temperatures will be on the cooler side in Cairo, with a high of 36\u00b0C and a low of 23\u00b0C. Across the North Coast, we\u2019re expecting some wind, with a high of 29\u00b0C and a low of 27\u00b0C, according to our favorite weather app. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Good afternoon, friends, and happy almost-weekend. The news cycle seems to be winding down as we approach the end of the workweek. THE BIG STORY TODAY- Two Chinese smartphone makers are probing opening up production in Egypt under six-month pilot investment, which will see HKEX-listed Coolpad and KXD invest EGP 100 mn in an experimental [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":670514,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","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":[7213],"tags":[975,633,125,131,634],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-670513","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-what-were-tracking-tonight","tag-egypt-china-relations","tag-enterprisepm","tag-investment-watch","tag-manufacturing","tag-what-were-tracking-tonight","wpautop","entry"],"acf":{"mongo_id":"dc1c7f3b-9514-402c-be2f-5b4bb759ea39","order":"1","is_powered_by":false,"story_type":"4","photo_url":"https:\/\/ent.news\/2025\/4\/710.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Two Chinese smartphone makers probing opening up production in Egypt","related_issue":[670511],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/8\/.501c1b83-e182-407c-8317-a9ed6e376f6c.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Two Chinese smartphone makers probing opening up production in Egypt - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2025\/08\/20\/two-chinese-smartphone-makers-probing-opening-up-production-in-egypt\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Two Chinese smartphone makers probing opening up production in Egypt\" \/>\n<meta property=\"og:description\" content=\"Good afternoon, friends, and happy almost-weekend. The news cycle seems to be winding down as we approach the end of the workweek. THE BIG STORY TODAY- Two Chinese smartphone makers are probing opening up production in Egypt under six-month pilot investment, which will see HKEX-listed Coolpad and KXD invest EGP 100 mn in an experimental [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2025\/08\/20\/two-chinese-smartphone-makers-probing-opening-up-production-in-egypt\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2025-08-20T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2025\/4\/710.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/08\/20\/two-chinese-smartphone-makers-probing-opening-up-production-in-egypt\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/08\/20\/two-chinese-smartphone-makers-probing-opening-up-production-in-egypt\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Two Chinese smartphone makers probing opening up production in Egypt\",\"datePublished\":\"2025-08-20T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/08\/20\/two-chinese-smartphone-makers-probing-opening-up-production-in-egypt\/\"},\"wordCount\":420,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/08\/20\/two-chinese-smartphone-makers-probing-opening-up-production-in-egypt\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2025\/4\/710.jpg?fit=%2C&ssl=1\",\"keywords\":[\"Egypt-China relations\",\"EnterprisePM\",\"investment watch\",\"Manufacturing\",\"WHAT WE\u2019RE TRACKING TONIGHT\"],\"articleSection\":[\"WHAT WE\u2019RE TRACKING TONIGHT\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/08\/20\/two-chinese-smartphone-makers-probing-opening-up-production-in-egypt\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2025\/08\/20\/two-chinese-smartphone-makers-probing-opening-up-production-in-egypt\/\",\"name\":\"Two Chinese smartphone makers probing opening up production in Egypt - 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A lull in weather brings with it a slow news cycle, but we don\u2019t expect either one to last too long. Our focus today is on how Apple turned lemonade into lemons\u2026 And how a pivot may be able to squeeze some juice back out.THE BIG\u2026","rel":"","context":"In &quot;WHAT WE\u2019RE TRACKING TONIGHT&quot;","block_context":{"text":"WHAT WE\u2019RE TRACKING TONIGHT","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-tonight\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/10\/2500.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":608295,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/10\/17\/this-evening-china-energy-united-energy-sign-usd-14-75-bn-sczone-investment-agreements\/","url_meta":{"origin":670513,"position":1},"title":"THIS EVENING: China Energy, United Energy sign USD 14.75 bn SCZone investment agreements","author":"enterpriseam admin","date":"17 October 2023","format":false,"excerpt":"Good afternoon, friends, and happy hump day. It\u2019s looking like a brisk Tuesday here at home so far, bringing us a range of stories across the news cycle.THE BIG STORY TODAY Chinese companies are investing USD 14.75 bn in SCZone projects: Chinese companies signed agreements to invest a total of\u2026","rel":"","context":"In &quot;WHAT WE\u2019RE TRACKING TONIGHT&quot;","block_context":{"text":"WHAT WE\u2019RE TRACKING TONIGHT","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-tonight\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/8\/214.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":597083,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/16\/what-were-tracking-on-16-july-2019\/","url_meta":{"origin":670513,"position":2},"title":"What we\u2019re tracking on 16 July 2019","author":"enterpriseam admin","date":"16 July 2019","format":false,"excerpt":"Good morning, friends, and welcome to the busiest hump day we\u2019ve seen in a long time. The biggest story of the day is private equity giant Actis\u2019 takeover of two funds formerly managed by Abraaj. The takeover, which is the culmination of a year of negotiations, is one of the\u2026","rel":"","context":"In &quot;What We're Tracking Today&quot;","block_context":{"text":"What We're Tracking Today","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-today\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":631496,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/03\/20\/cpa-eca-investigate-steel-manufacturers-for-alleged-monopolistic-practices\/","url_meta":{"origin":670513,"position":3},"title":"CPA, ECA investigate steel manufacturers for alleged monopolistic practices","author":"enterpriseam admin","date":"20 March 2018","format":false,"excerpt":"Consumer protection and competition authority are probing steel manufacturers for alleged anti-competitive practices: The Consumer Protection Agency and Egyptian Competition Authority are investigating local steel makers for allegedly engaging in anti-competitive practices after a series of price hikes, Al Borsa reports. Steel factories\u2019 output hovers around 8 mn tonnes per\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":640535,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/08\/27\/india-is-looking-into-setting-up-a-usd-60-mn-carbon-black-factory-in-egypt\/","url_meta":{"origin":670513,"position":4},"title":"India is looking into setting up a USD 60 mn carbon black factory in Egypt","author":"enterpriseam admin","date":"27 August 2024","format":false,"excerpt":"Good afternoon, folks. It\u2019s only Tuesday but we have already started counting down to the weekend. THE BIG STORY TODAY- A USD 60 mn carbon black factory in the making? One of India\u2019s largest black carbon producers is interested in setting up a USD 60 mn plant in Egypt, according\u2026","rel":"","context":"In &quot;WHAT WE\u2019RE TRACKING TONIGHT&quot;","block_context":{"text":"WHAT WE\u2019RE TRACKING TONIGHT","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-tonight\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/8\/1517.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":587908,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/06\/04\/samsung-to-establish-new-smartphone-assembly-plant-in-beni-suef\/","url_meta":{"origin":670513,"position":5},"title":"Samsung to establish new smartphone assembly plant in Beni Suef","author":"enterpriseam admin","date":"4 June 2023","format":false,"excerpt":"The company will begin work on the factory in 4Q 2023","rel":"","context":"In &quot;Manufacturing&quot;","block_context":{"text":"Manufacturing","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/manufacturing\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/6\/71.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\/670513","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=670513"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/670513\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/afternoon\/670511"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/670514"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=670513"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=670513"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=670513"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=670513"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=670513"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}