Infinix isn’t the most popular name in the global smartphone scene, however, the brand has been around for a while in Asian and African countries. ...
The post Infinix Hot 10 Play goes official with Helio G25 and 6000mAh battery appeared first on Gizchina.com.
Tecno and Infinix are named getting into the mind of global customers since last year. These two smartphone brands belong to Transsion Holdings a big ...
The post Tecno Camon 16 Premier launched in India with INR16,999 ($230) price tag appeared first on Gizchina.com.
Market research firm TrendForce in a report said that the global smartphone production volume fell 11% to 1.25 billion units in 2020. And the most glaring change is the fall in Huawei’s market share.
Infinix’s name may be new for global customers, but the brand is pretty much well established in certain Asian countries and Africa. The company alongside ...
The post Infinix Hot 10 Play certified by India’s BIS appeared first on Gizchina.com.
Digitimes Research said yesterday that after three consecutive years of decline from 2018 to 2020, global smartphone shipments in 2021 are expected to grow at ...
The post OPPO Will Become Third Smartphone Brand In 2021 appeared first on Gizchina.com.
After three consecutive years of recession in 2018-2020, global smartphone shipments are expected to pick up next year, thanks to the active deployment of fifth-generation ...
The post Digitimes: Huawei will drop to the 7th place in 2021 appeared first on Gizchina.com.
If you’re familiar with Chinese smartphone makers, you probably know Transsion Holdings’ name. It’s a big conglomerate behind smartphone brands like Tecno and Infinix. Those ...
The post Infinix Hot 10 Lite announced with Helio A20, 5000mAh battery appeared first on Gizchina.com.
If you’re familiar with this world of Chinese smartphones, then Transsion Holdings is not a new name for you. It’s a big Chinese conglomerate behind ...
The post Tecno Spark 6 announced with 6.8-inch LCD, Helio G70 and 5000mAh battery appeared first on Gizchina.com.
China tech in Africa is still going global, chasing new growth and backing African startups focused on financial inclusion.
If you’re familiar with Chinese smartphone makers, you’ve probably heard of Transsion Holdings’ name. The giant conglomerate is behind popular smartphone brands like Infnix and ...
The post Tecno Camon 16 Premier unveiled, Camon 16 and 16 Pro coming soon appeared first on Gizchina.com.
From Huawei to Lenovo to Meizu, here's a breakdown of the players in the daunting landscape of Chinese smartphones.
If you’re familiar with Chinese smartphones, then Transionn Holdings’ name is not new for you. The huge conglomerate is behind some popular Chinese firms Infinix ...
The post Tecno Camon 16 series coming on September 3 with 48MP Selfie Cameras appeared first on Gizchina.com.
It signs users up for subscriptions without their knowledge.
Transsion Holdings, the Chinese company behind Tecno and Infinix smartphone brands was a feature phone maker in the 2013’s. However, the company released its first ...
The post Beware! A malware in some cheap Chinese phones can steal user’s money appeared first on Gizchina.com.
Triada malware and xHelper trojan were pre-installed on thousands of Tecno W2 smartphones from Transsion.
Net profits for Transsion, the Chinese smartphone maker, in the first three quarters of the year surged 732% year on year to RMB 1.3 billion (around $180 million), according to the company’s filing, while revenues continued to slow.Why it matters: This is the first quarterly earnings report released by the Shenzhen-based budget mobile phone seller since its listing on China’s tech-focused STAR Market in September.The surge in profit, however, was not driven by a corresponding surge in revenues, which rose a modest 6.7% year on year.The company profited from foreign currency futures purchased during the first five months of 2018 to hedge against the rapid devaluation of US dollars against the Chinese yuan.Details: Revenue growth during the three quarters ended Sept. 30 is slowing for the mobile phone maker, down significantly from 12.9% in 2018 and 72.2% in 2017, according to its prospectus filed in April.The company sold 16.6 million smartphones and 38.2 million function phones in the first two quarters, according to the filings.
Infinix might be an underdog in the Indian market ruled by heavyweights like Samsung and Xiaomi right now.However, this isn’t stopping the company from introducing some great products.The Transsion Holdings brand has debuted the Infinix S5.This handset brings a hole-punch display, a 32MP selfie camera, and more under the Rs 9,000 bracket in India for the first time.Coming to specifics, the Infinix S5 has a 6.6-inch HD+ display with a 90.5% screen-to-body ratio and a 20:9 aspect ratio.The hole-punch is home to a 32MP selfie shooter.
Two of Africa’s powerhouse tech incubators joined forces in September.Details are emerging on how the two entities will operate together, but Tijani noted some degree of autonomy.And iHub’s existing programs will remain, with CcHub extending to Kenya some of its existing activities in education, healthcare and governance.The acquisition brings together two of Africa’s most powerful tech hubs by membership networks, volume of programs, startups incubated and global visibility.Africa-focused tech talent accelerator Andela announced cuts of 400 junior engineers across Kenya, Uganda and Nigeria just as the startup released first-time earnings figures indicating it will surpass $50 million in revenues for 2019.On the disjointed news, Andela CEO told TechCrunch the layoffs were due to a shift in market demand for the startup’s more senior developers.
Transsion Holdings – the Chinese handset maker that recently got listed on China’s Nasdaq-style stock market has been slammed with a Lawsuit.The Lawsuit preferred against it by Huawei is that of an alleged intellectual property infringement.Huawei is reportedly claiming RMB 20 million from Transsion Holdings and five of its subsidiaries for patent right infringement.Details of the patent infringement aren’t yet in the open, but a local court in the southern Chinese city of Shenzhen accepted the case against Transsion Holdings and five of its subsidiaries over alleged intellectual property infringement so we should be haring more about the case in the coming weeks.No official response from Huawei yet.However, Zhu Zhaojiang, chairman of Transsion, in his initial response told Chinese media Yicai on Monday that he believes “the law will bring a fair response” (our translation).
Transsion Holdings, the largest mobile phone vendor in Africa, priced its initial public offering (IPO) on Monday at RMB 35.15 (around $4.93) per share to raise RMB 2.8 billion on China’s Nasdaq-style tech board.Share prices for the Chinese smartphone maker opened 50.7% higher at RMB 53, valuing the company at RMB 42.4 billion (around $5.95 billion).Why it matters: The Shenzhen-based budget mobile phone seller has a strong presence in emerging markets such as Africa and India, but has been criticized for its weak research and development capabilities.The average selling price for Transsion smartphones was around $69 in 2018, and feature phones were priced as low as $9.8, according to the company’s prospectus.The company only spent 3.1% of revenue on research and development in 2018, according to company documents.Chinese telecom company Huawei sued Transsion just a week before it went public alleging intellectual property infringement.