Egypt’s Prime Minister Mostafa Madbouly has inaugurated Oppo’s new smartphone factory, marking another milestone in the country’s expanding electronics manufacturing sector.
The Latin American smartphone market surged by 15% in 2024 to 137 million units, with Korean vendor Samsung maintaining its position as the market leader by shipments.
Samsung executives appeared in an Indian court seeking to overturn US$81 million in penalties, part of a larger US$601 million tax bill levied over alleged import tax evasion.