The Chinese mobile phone maker Transsion hasn’t sold a single phone in China. Yet it posted a $580 million profit last year, largely based on its success in Africa.
Through its Itel, Tecno, and Infinix brands, the company currently occupies 47% of the continent’s smartphone market. The Wire China recently unpacked the factors behind its success:
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- Full access to the News Feed that provides daily updates on Chinese engagement in Africa and throughout the Global South.