Certainly, it is not evidently fair to put Apple and Transsion Holdings, the makers of Tecno phone brand, on the same table – the capability asymmetry is very huge. Yet, I will like to show this table which depicts how Transsion has been evolving for its potential post-device future. When you count serious fintech companies in Nigeria, you must include Tecno parent company as most of its services are natively integrated in the phones. If the Boomplay does well, Palmpay will follow – and all of them are linked by the very fact that most African users depend on Transsion phones!
Transsion Holdings Co., Ltd. develops and manufactures mobile communication products under the brands, including TECNO, itel, Infinix, and Spice. The company also offers after-sales services under the brand Carlcare, manufactures mobile accessories under the brand Oraimo, and home appliances under the brand Syinix. The company was formerly known as Tecno Telecom Limited. The company was founded in 2006 and is headquartered in Shenzhen, China with additional offices in Shanghai and Beijing, China and Hong Kong. It has operates R&D centers in Shanghai, Shenzhen, and Beijing; China.
Data Sources: Wikipedia, Techcabal, Tecno, Apple, Tekedia
*Scooper is an entertainment platform, different in style from App Store. But that is what Transsion has now.
1. Advance your career with Tekedia Mini-MBA (Sept 13 – Dec 6, 2021): 140 global faculty, online, self-paced, $140 (or N50,000 naira). Click and register here.
2. Click to join Tekedia Capital Syndicate and own a piece of Africa’s finest startups with a minimum of $10,000 investment.