Telecom

Xiaomi to launch an African department to counter the rise of Transsion Holdings in the continent

Xiaomi to launch an African department to counter the rise of Transsion Holdings in the continent
Tuesday, 22 January 2019 17:35

Chinese phone manufacturer Xiaomi has decided to increase its investments to grow in the African market. In that regard, it has decided to create an Africa department to counter the rise of Transsion Holdings, another Chinese phone manufacturer, in Africa.

The information was revealed by Jun Lei, Xiaomi’s CEO, in a memo sent to its staff. This department is to be managed by Wang Lingming, the group’s former vice president of the international division. He will work under Xiaomi’s vice-president Wang Xiang.

According to International Data Corporation (IDC), Transsion Holdings that owns the brands Tecno, Itel and Infinix, is currently the leader of the African market in terms of presence. This holdings’ low-cost devices are much appreciated than Samsung, Apple and Huawei.

This launch of an African department by Xiaomi shows the company’s growing interest in the African market which is presented by international cabinets as the future market for mobile telephony.

The group which entered the African market through Nigeria, South Africa and Kenya allowed itself to be outrun by its competitors. With the development of connectivity, the company that has developed new products should also implement a low-cost strategy to succeed in its African expansion.  

On the same topic
Government launches satellite program to reach underserved and remote areas Goal is to connect one million people to the Internet by the end of...
Mauritania launches e-health initiatives, including a national vaccination database and the E-CNAM platform for digital insurance and...
CAMTEL signs a three-year deal with Ethio Telecom to support digital modernisation and prepare the launch of its Blue Money service. The...
The African Development Bank has greenlit a second-phase loan to support Cabo Verde’s E-Governance and Public Financial Management Reform...
Most Read
01

Camtel to launch Blue Money in 2026, entering Cameroon’s crowded mobile money market led by MTN Mo...

Cameroon: State Owned Telecommunication Company To Enter Mobile Money Market
02

Kossi Ténou succeeds Badanam Patoki as president of the AMF-UMOA. Ténou brings over 20 years of e...

Togo’s Kossi Ténou Appointed President of AMF-UMOA
03

BYD plans to open 35 dealerships in South Africa by Q1 2026, earlier than initially scheduled...

South Africa: BYD Targets 35 Dealerships by End-March 2026
04

The government will apply a 15% tax on all payments to foreign digital platforms starting Jan. 1...

Zimbabwe to Impose 15% Tax on Foreign Digital Services From 2026
05

Francophone Sub-Saharan Africa hosts 860+ startups but faces deep structural weaknesses EY urges...

Major Tech Reforms Needed for Francophone SSA to Attract More Investment, Report Says
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.