Transsion Updates Q2 2022: Resilient Q2 Performance Driven by Pivot to Value, But Macroeconomic Challenges Remain
August 29, 2022 Transsion Holdings reported a 3.7% YoY increase in its Q2 2022 revenue to RMB 12.1 billion and a 4.5% YoY decline in net profit to…
MEA Smartphone Shipments Decline 7.8% YoY in Q2 2022 on Macro Headwinds
MEA smartphone shipments retreated 7.8% YoY and 10% QoQ in Q2 2022 to 38 million units. This was the lowest level since Q2 2020, or since the depth…
MEA Smartphone Market Drops 4% YoY in Q1 2022 on Macroeconomic Concerns
MEA smartphone sales retreated 4% YoY in Q1 2022, mainly due to macro concerns. Samsung sales dropped YoY but saw their market share rebound from…
Saudi Arabia Smartphone Sales Cross Pre-pandemic Levels
Saudi Arabia’s smartphone market grew 49% YoY in 2021, a 14% increase from the pre-pandemic 2019. Samsung led the market despite losing share. Apple…
MEA Smartphone Market Grows 15% YoY in 2021 as Digital Adoption Accelerates
MEA smartphone sales grew 15% YoY in 2021, marking the best year ever for the market. Samsung continued to top the market, though its lead was…
MEA Smartphone Market Witnesses Best Q3 on Record; Samsung Reverses Decline, TECNO Solidifies Position
MEA smartphone shipments grew 1% YoY and 7.5% QoQ in Q3 2021. The quarter was the best Q3 on record, registering shipments of 46.5 million devices.……
MEA Smartphone Market Sees Best Q2 on Record; Samsung Leads but TECNO, Xiaomi Close Gap
MEA smartphone sales grew 35% YoY during Q2 2021, making it the best Q2 on record. Samsung continued to hold the top spot in the region by…
Ethiopia Smartphone Shipments up 10% YoY in Q1 2021; Opening up of Telecom Sector Offers Huge Opportunity
London, Hong Kong, Boston, Toronto, New Delhi, Beijing, Taipei, Seoul – June 27, 2021 Ethiopia’s smartphone shipments increased 9.8% in Q1 2021,…
Middle East Smartphone Market Sees Light at the End of 2020 Tunnel
The Middle East smartphone market contracted in 2020 after experiencing big declines during the height of the COVID-19 pandemic in the second…
Transsion Holdings’ Journey to an IPO: Strengths and Challenges
Transsion Holdings, the top mobile phone OEM in the African market, plans to go public and list its shares on Shanghai’s tech-focused STAR Market.…
Increasing Smartphone Adoption Drives Growth in Middle East and Africa
MEA Smartphone market grew 6% YoY in Q1 2019. Over 70% of the total smartphones sold in the region were in the sub-US$150 price segment. There is…
Feature Phones are Still Relevant: Shipments Grow (YoY) for the Fourth Consecutive Quarter
According to Counterpoint’s Market Monitor service, feature phone shipments grew for the fourth consecutive quarter. This is in contrast with the…