Transsion’s handset shipments decreased by -19.3%, and its global smartphone and feature phone shipments went down annually in Q4 2022. This is the second consecutive time the Chinese brand saw the downturn trend in the smartphone segment, indicating the weakening demand of price-sensitive consumers in emerging markets amid higher inflation rates and price hikes.
Transsion (Tecno, Itel, and Infinix combined) with a 6% market share, maintaining the rank of the 6th largest smartphone vendor globally. The estimated handset wholesale … Read the rest