Africa’s bustling mobile phone market boasts a surprising leader – a Chinese company called Transsion, unknown to most in mainland China itself. Their secret? Deep understanding of the African market and a laser focus on affordability. Transsion’s success story began in 2008 on Nairobi’s Luthuli Avenue, starting small from a second-floor office. Today, their brands...
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China’s Mobile Phone Market Booms: Shipments Surge 68.1% in January, Driven by 5G and Domestic Brands
China’s mobile phone market witnessed a remarkable surge in January, with shipments skyrocketing 68.1% year-on-year to reach 31.78 million units, according to data from the China Academy of Information and Communications Technology (CAICT). This significant growth suggests a robust market and strong consumer demand. The data revealed a clear shift towards 5G technology, with these...