Algerian electronics company Condor will launch the first home-produced smartphone in 2014.
300 000 handsets a year will be produced in the Bordj Bou Arreridj industrial zone. Managing director Abdelmalek Benhamadi, has been trying to get the go-ahead for this venture for some time and has been looking for a reliable partner. He has now obtained the greeen light from the Ministry of the Interior. Twenty-odd Condor employées are to receive training from one of the Chinese sub-contractors.
In 2012 Condor achieved turnover of Dinars 31 billion excluding taxes (approximately US$385m).