Xiaomi to launch African department to curb rise of Transsion Holdings

Wednesday 23 January 2019 | 15:26 CET | News
Xiaomi has decided to increase its investments on the African market, Ecofin reported, citing a staff memo. Xiaomi has decided to create an Africa department to counter the rise of Transsion Holdings, another Chinese phone manufacturer, in Africa. The information was revealed by Xiaomi CEO Jun Lei, which said department will be managed by Wang Lingming, the group's former vice president for the international division. This launch of an African department by Xiaomi shows the company's growing interest in the African market. The company entered the African market through Nigeria, South Africa

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Categories: Mobile & Wireless
Companies: Xiaomi
Countries: Africa
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