Mobile Phones
Egypt's imports of mobile phones declined significantly last May, as their total value amounted to only about 282 thousand dollars, while it was about 13 million and 595 thousand dollars in May 2022, a decline of about 13 million and 313 thousand dollars.
The amendment aims to lift the tax of “advancing financial resources” off both the components needed for local mobile phones production and the locally manufactured end product, while maintaining the same tax on imported counterparts used for commercial gains.
After the approval of the House of Representatives on Republican Resolution No. 558 of 2021 amending some categories of customs tariffs, the customs tax was reduced from 60 percent to 2 percent for “pumping heads for containers filled under pressure” (atomizer heads); As a production requirement for a number of industries.
Samsung Beni Suef factory exports amounted to $790 million in 2015 and target to export around 80-85 percent of its screen production to the MENA region
Samsung will launch the new Galaxy Note8 on August 26, 2017 as the most expensive Samsung cellphone ever sold.
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