Egypt’s Prime Minister Mostafa Madbouly has inaugurated Oppo’s new smartphone factory, marking another milestone in the country’s expanding electronics manufacturing sector.
Smartphone shipments in Africa climbed 7% to 19.2 million units in Q2, continuing an upward trend fuelled by easing inflation and currency stability in key markets.
Xiaomi reportedly revealed plans to invest CNY50 billion (US$6.9 billion) over the next 10 years to develop its own mobile processors, and is set to unveil such chips this week.
Indian telco Bharti Airtel is reportedly planning to shut down its Wynk Music streaming service in favour of a partnership with Apple Music as part of a broader exclusive content deal involving Apple TV+.