Transsion Seeking to Go Public on a Technology Innovation Board
Transsion, a Chinese smartphone manufacturer, which dominates the African market, is planning to go public on Shanghai’s technology innovation board.
Why are Chinese Tech Firms Taking Over Africa?
In the streets of Nairobi, Johannesburg, Lagos, and other African cities, signs advertising Chinese tech products are not an uncommon sight. In fact, all Chinese tech firms are rushing to get into Africa.
Transsion and Huawei Ranked Among Top Three Smartphone Makers in Africa
Chinese smartphone makers are making headway in global expansion as Transsion and Huawei are ranked as top three smartphone brands in Africa, according to the latest figures announced on Nov. 27 by International Data Corporation (IDC).
Half of 124 Million Smartphones Sold in India 2017 are Chinese Brands
The Indian market is where China’s smartphone manufacturers perform best with regards to internationalization. The Indian smartphone market grew by 14 percent last year, more than any other country. Chinese brands made up 53 percent of smartphone sales, according to the latest foreign media news.
Transsion, the King of Mobile Phone in Africa Makes a Fortune in Low-profile
In a newly built office building in the technology zone of Shenzhen’s Nanshan District lies a plain-looking phone company. This company has few Chinese users, yet it sold over 80 million phones worldwide, far more than Xiaomi and vivo. The Shenzhen-based company named Transsion mainly targets the African market. According to the data of IDC,…