The name Transsion Holdings may not ring a bell to many but from an obscure start-up, the company has grown to become one of the leading brands in several regions, especially in Africa. In fact, the company is dubbed as Africa’s Mobil Phone King. In case you are still wondering, Transsion Holdings is the parent company of the Tecno, Infinix, iTel and Spice brands. The company is now eyeing further expansion in other markets and is seeking investors to back its plans. The Chinese start-up has reportedly applied for listing on The Shanghai Stock Exchange.  The information shows that the sponsor of the company is CITIC Securities.

Read Also: Tecno Camon iClick With AI Front-Facing Camera Launched In India For Rs. 13,999 ($205)

Transsion Holdings was established in Shenzhen in 2013 with a registered capital of 720 million yuan. Its main market is on the African continent and Nigeria is perhaps its largest single market on the continent. The company has also made inroads into India in recent times. Available data shows that in 2017, the company exported 129 million mobile phones, with sales exceeding 20 billion yuan, accounting for 45.9% of the market share in Africa. The Tecno brand is the most popular among its brands and that popularity is hinged on the affordable pricing and the powerful camera offered on the model, especially recent offerings. We should add that bigger Chinese brands like OPPO, Xiaomi, Vivo etc, are eyeing the Africa market known for its sheer size. Thus, Transsion’s bid to secure more funds for further expansion is a good idea.

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Spice Devices has launched a new entry-level smartphone in India — Spice F311, which is running Android Oreo (Go Edition) and comes with a “Full View” display. This is the fourth Android Go smartphone to launch in India, after Nokia 1, Lava Z50, and Micromax Bharat Go.

The Spice F311 is priced in India at Rs. 5,599, which roughly converts to $82. The smartphone will be available for purchase in India in three color options — Rose Gold, Black, and Phantom Red. Further, the company is also announced that it will be offering a one-year replacement warranty.

The smartphone features a 5.45-inch “Full View” IPS display with screen resolution of 960 x 480 pixels and an 18:9 aspect ratio. Under the hood, it is powered by a MediaTek processor that has four cores at a clock-speed of 1.1GHz, coupled with Mali-T720 MP1 GPU.

The device packs 1GB of RAM and 16GB of internal storage, along with the support for microSD card that can further expand the storage capacity up to 32GB. In the camera department, it comes with a 5-megapixel rear camera with an LED flash and f/2.0 aperture, while the front-facing camera packs a 5-megapixel sensor with an LED flash. Both sensors are equipped with an autofocus (AF) lens.

Connectivity options on the device include 4G VoLTE, Wi-Fi, Bluetooth, GPS/ A-GPS, Micro-USB, and a 3.5mm headphone jack. It also comes with a rear-facing fingerprint sensor that also lets users capture images, answer and record voice calls, off-screen wake-up, and access select applications. Running on Android Oreo (Go Edition) operating system, the smartphone is powered by a 2400mAh battery that is rated to deliver up to 240 hours of standby time on a single charge.

Read More: Samsung Reportedly Testing Its First Android Go Phone in Europe, Asia & Latin America

Samsung is also reportedly working on its first Android Go smartphone that is expected to hit the Indian market in the near future. The phone is expected to have 5-inch Super AMOLED display,5-inch Super AMOLED display, Exynos 7570 chipset, 1GB RAM and 16GB storage.

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