Skip to content
Infinix Mob
Menu
  • Home
  • News
    • Android
    • Internet
    • Infinix News
  • Smartphones
    • ZERO Series
    • NOTE Series
    • GT Series
    • HOT Series
    • SMART Series
  • Gadgets
    • XPad
    • Smart TV
    • Laptop and Tablet
      • GT BOOK Series
  • Guide
    • How To
    • Reviews
    • Tech-Guide
    • Privacy & Security
  • XOS
    • XOS 14 Update
    • XOS 15 Update
Menu
Transsion Holdings

Infinix and TECNO Propel Transsion to Top 2 in Middle East Smartphone Sales

Posted on 5 September 202319 September 2024 by Paul Gwajime

Infinix and TECNO, two smartphone brands under Transsion, saw a combined 29% YoY growth in smartphone shipments in Q2 2023, moving Transsion to the number 2 position among the top 5 smartphone vendors in the Middle East, a Canalys research read.

According to the report, smartphone shipments in the Middle East (excluding Turkey) reached 9.5 million in Q2 2023, representing a 2% YoY growth in the region. Factors such as a record-low unemployment rate, rise in global oil prices, high FDI inflows, and expansions in non-oil sectors, aided the region to improve economically.

Table of Contents
  • Infinix and TECNO's Budget-Friendly Smartphones Shake Up Middle East Market, Transsion Propels to Top 2 
  • Transsion Dominates Iraq and Saudi Arabia's Smartphone Markets in Q2 2023

Infinix and TECNO’s Budget-Friendly Smartphones Shake Up Middle East Market, Transsion Propels to Top 2 

Transsion recorded huge success by employing the same techniques it used in other regions. The company focused on smartphones in the low-to-mid range segments, offering better specifications via Infinix and TECNO at prices below $150 in countries such as Iraq and Saudi Arabia.

Transsion Q2 update MEA 2023

As a result, smartphone vendors such as Apple and Samsung saw a huge decline in the high-end segment.

“In Q2 2023, both Apple and Samsung saw a decrease in shipments of premium segment smartphones in the Middle East, a result of caution consumer spending and increased interest in budget alternatives,” Senior Consultant at Canalys, Manish Pravinkumar said.

Also Read: Android 11 Update Lands on Infinix TV: Here’s What to Expect

However, despite a 9% drop in annual growth, Samsung was able to retain its top spot with the help of its A-series models, including the A24 and A14, which all fall in the budget-friendly segment.

Transsion Dominates Iraq and Saudi Arabia’s Smartphone Markets in Q2 2023

Smartphone shipments in Saudi Arabia in Q2 2023 grew by an impressive 19% YoY, thanks to strong macroeconomics, expansions in non-oil sectors, and other factors. Transsion stood at number 2 with a 22% market share and 130% market growth, while Samsung still retained the number 1 spot.

Saudi Arabia Q2 2023

Meanwhile, Iraq saw a 24% growth in smartphone shipments, beating economic challenges and currency fluctuations. Leading with a market share of 39% and growth of 102%, Transsion hijacked the top spot from Samsung, which witnessed a 25% decline in the second quarter.

Iraq Q2 2023

👉For breaking news and exclusive coverage, kindly connect with InfinixMob on any of the socials 🙏: WhatsApp channel,  Telegram channel 🔥, Facebook page🔥, and X (formerly called Twitter)

Related Articles:

  • Infinix Android 14 Update List
  • Q2 2023: Infinix Breaks into The Top 5 Brands in the Philippines
  • Q2 2023: Infinix Outshines Competitors in Indonesia

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • About Us
  • Contact Us
  • Cookie Policy
  • Disclaimer
  • Privacy Policy
  • Terms & Conditions
  • Tip Us
©2025 Infinix Mob | Design: Newspaperly WordPress Theme