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Egypt’s computer sales rise to 500k devices in 2020 - Daily News Egypt

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Egypt’s computer sales rise to 500k devices in 2020

Total sales of computer hardware amounted to about EGP 3.8bn


Computer sales in Egypt increased to 500,000 devices in 2020, as a result of remote work and study related to the novel coronavirus (COVID-19) pandemic, according to Ali Tolba, Chairperson of the Delta Company.

He said that the sales of computers were positively affected by the repercussions of the coronavirus, with many shifting to work and study from home.

Tolba’s remarks came on the sidelines of a press conference to launch the first shopping centre specialised in wholesale mobile accessories and devices in Egypt, at Arkadia Mall. The centre was launched by the Association of Mobile Accessories Importers (under establishment) with investments estimated at EGP 100m.

Tolba said that the total sales of computer hardware in Egypt amounted to about EGP 3.8bn during 2020.

He also said that the global mobile market sales recorded $450bn during 2020, with the mobile accessories sales making $60bn.

“The mobile market in Egypt declined by between 4%-5% during 2020, as the volume of sales of smartphones and accessories reached about EGP 47bn,” Tolba said, “The number of phones sold annually reached 19.5m units.”

He also said that the volume of sales in Egypt’s phone market represents nearly 50% of the total electronics market, amounting to about EGP 96bn.

He noted that the size of the large electronic equipment market reached EGP 32bn, while the volume of TV sales reached EGP 15bn. The figures indicate that the volume of small appliance sales recorded about EGP 4bn.

The Association of Mobile Accessories Importers includes the largest wholesalers and importers specialising in mobile accessories. It is represented by the delegated committee, including: Essam Badr El Din, Head of the Communications and Mobile Division at the Cairo Chamber of Commerce; Ahmed Wahdan, Chairperson of Cell Tel Import, the owner company of Cactus and Cell Tel; and Hisham Abo Salama, owner of Trust Mobile Accessories Company.

Topics: computers

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https://dailyfeed.dailynewsegypt.com/2021/01/19/egypts-computer-sales-rise-to-500k-devices-in-2020/
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