Cairo - Mubasher: Sico Egypt is planning to produce 1.5 million mobile phones next year.
The company's chairman, Mohamed Salem said that the company has set its production target for 2019 at 1.5 million device, as reported by the Middle East News Agency (MENA).
SICO Tech, the first Egyptian producer of smartphones, reportedly expects to reach a 17% share of the local market by 2020.
It also wants to expand to African and Arab markets.
