FINANCIAL NEWS

ZTE to boost Egypt’s smartphone market share by 10pct

03 May 2017

(MENAFN) ZTE, a firm specialized in smartphone production, aims to enhance its market share in the Egyptian market to 5 percent by the end of the year and to reach 10 percent by 2018.

Accordingly, the firm was able to achieve a business volume of almost EGP2bn in 2016 and plans to increase the amount to EGP2.5bn by the end of this year.

Additionally, investing in sports is one of the major ways to promotion in Egypt and the globe, therefore this is considered one of the main sponsors for many European teams.

Furthermore, the products of the firm, whether smartphone or regular mobile phones are present in most of the Egyptian homes, while the firm is the largest supplier of fixed lines in Egypt.

MENAFN0305201700450000ID1095447818

MENAFN0305201700450000ID1095447818

More News

This website uses cookies to ensure you get the best experience and by clicking “I Accept” below, you consent to the use of cookies. Learn more

This site is registered on wpml.org as a development site.