APD | Iran’s cell phone production to touch 2m by 2022: Minister

By APD writer Muhammad Sohail

Iran’s communications and information technology minister Mohammad Javad Azari Jahromi has said that four Iranian companies will produce two million mobile phones annually within the next two years to fill a gap created in the market after the American sanctions, local media reported Friday evening.

Jahromi said that the first Iranian-made smartphone, which is fully designed and produced by a major Iranian company, would be launched in the markets in early March this year.

The minister hoped that the government and state-run companies will support the production and supply of the smartphones to help the country handle the American sanctions on its digital economy.

“We should always view the problems as an opportunity, an opportunity that could make us progress,” said Jahromi.

According to local reports, the market for Iranian mobile phones can reach a total value of nearly 400 million U.S. dollars in the next two years and that the average price for a unit of smartphone produce inside Iran would be around $200.

The Iranian ministry of the industry had also agreed to reduce the tariff on imports of certain mobile phone parts by 15 percent to help slash the final price of the Iranian-made phones.

(ASIA PACIFIC DAILY)