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Transsion Swoops In On Africa's Renewables Boom Amid Smartphone Slump
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Transsion Swoops In On Africa's Renewables Boom Amid Smartphone Slump
Africa’s top smartphone maker is quietly building a presence in the continent’s renewable energy sector, moving beyond phones into solar power and electric vehicles as its core handset business slows. Transsion Holdings, the Chinese company behind the Tecno, Infinix and Itel brands, controls about 50% of Africa’s smartphone market. But that dominance is under pressure. In the first half of 2025, the company’s Africa revenue fell 4.45% to CNY 9.6…
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