Iran invests $14.26 million in mobile phone production (Iran)
Renowned international companies have shown interest to cooperate with Iran for cell phone production. According to the Director General of Ministry of Industries and Mines, Iran’s technology, electronics and electricity office noted that negotiations are underway in this respect. Mobile phone production is one of the key issue for Ministry of Industries and MinesMinistry of Industries and MinesLoading, as it plays an important role in creating jobs and generating value added. Mahmoud Layaei said, $14.26 million has been invested in mobile phone production across the country. One of the obstacle to domestic production is the illegal import of mobile phones added Layaei.