Egypt Consumer Electronics Q2 2019
Strong and sustained growth is forecast for device spending in Egypt over the medium term 2019-2023. This outlook isbased on our forecast for robust purchasing power and population growth - all against a backdrop of relatively low device ownershiprates. The domestic industry also has positive momentum, led by Samsung's TV set manufacturing operations at Beni Suef, but alsoinvestments in mobile handset facilities, including from domestic firm SICO.
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