Production Capacity and Employment AGM Technology’s 13,000‑square‑meter facility can produce a smartphone every 14 seconds.
Since mid‑2024, more than one million phones have been manufactured, with a total production value of about $400 million.
The factory directly employs 1,000 people, and the supply‑chain and ancillary industries bring total employment to 2,000.
Strategic Goals and International Partnerships Chairman Aydın Mıstaçoğlu emphasized the goal of turning Turkey into a technology production hub.
The company is strengthening its regional position through investments in Kyrgyzstan and production collaborations with China.
He noted that by chairing the DEİK Turkey‑China Business Council, a strong bridge has been built in the international production and technology ecosystem.
Contribution to the Local Economy Domestic smartphone production is part of strategic consumer‑electronics investments that help reduce the current‑account deficit.
The production of one million phones aims to strengthen the local supply chain and establish a lasting industrial culture.
Mıstaçoğlu Holding Achieves $400 Million Smartphone Production at AGM Technology Factory in Tuzla, Istanbul
Since the second half of 2024, Mıstaçoğlu Holding has produced over one million smartphones at its AGM Technology plant in Tuzla, Istanbul, reaching a production value of roughly $400 million and creating 1,000 direct jobs.
Sources
- Ekonomi Dünya · baglanti