'King of Africa' ​​Transsion's year-end awards surge by 30%: Ranked fifth in global smartphone sales in 2023, profits soared by more than 120%

News from this site on January 26, according to Sina Technology reports, Transsion, a Chinese mobile phone company that mainly sells in overseas markets, today issued the "Notice on Transsion Holdings' 2023 Year-end Bonus Distribution Methods", which mentioned, The company's performance coefficient is 1.3, that is, all employees will receive an additional 30% year-end bonus on the basis of the normal accounting year-end bonus.

Transsion Holdings’ main products are TECNO, itel and Infinix three major brands of mobile phones, including feature phones and smart phones. Sales areas are mainly concentrated in global emerging market countries such as Africa, South Asia, Southeast Asia, the Middle East and Latin America.

As the "King of Africa" ​​in the mobile phone industry, Transsion is "far ahead" in sales in the African mobile phone market. Canalys data shows that in the third quarter of 2023, Transsion mobile phone shipments reached 8.6 million units in the African market, with a market share of 48%, a year-on-year increase of 9%.

##▲ Picture source Canalys

In addition, according to the latest report released by the market research agency IDC,

TRANSSION ranked Ranked fifth in global smartphone shipments in 2023, with a market share of 8.1% and a year-on-year growth of 30.8%. According to the query announcement on this website, Transsion Holdings expects operating income in 2023 to be approximately 62.122 billion yuan, an increase of approximately 15.526 billion yuan over the same period last year, and a year-on-year increase of approximately 33.32%.

Transsion Holdings expects net profit attributable to the parent company to be about 5.493 billion yuan, an increase of about 3.009 billion yuan over the same period last year,

a year-on-year increase of about 121.15%

; net profit after non-profit is 5.010 billion yuan About 2.800 billion yuan more than the same period last year, a year-on-year increase of about 126.73%. On December 18, 2023, Transsion officially settled in the new headquarters building located at the Liuxiandong headquarters base in Nanshan District, Shenzhen -

Transsion Building

.

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