Domestic mobile phones have sprung up, with 95 million overseas sales and a net profit of 5.5 billion US dollars
According to a ** report some time ago, the domestic mobile phone giant Transsion announced that due to the significant increase in mobile phone sales this year, all employees of the company will receive a 30% bonus.
Of course, no one can say whether this news is true or not, but one thing is certain: Chuan Shen won, and Chuan Shen is definitely the biggest dark horse in the country.
According to data from some major institutions, in the fourth quarter of 2023, Transsion's smartphone sales ranked fourth in the world, behind Apple, Samsung, and Xiaomi, and ahead of OPPO and vivo.
By 2023, Transsion mobile phone sales will reach 95 million units, surpassing vivo and ranking fifth in the world; In terms of growth rate, even if overall sales slow down in 2023, the 30% year-on-year growth rate is the fastest among the top five in the world.
Thanks to the substantial growth in mobile phone sales, the company's performance has also increased significantly, and the performance forecast released by Transsion shows that the company's annual revenue will reach 62.1 billion yuan, a year-on-year increase of 33%, and the net profit is expected to be 563, a year-on-year increase of 12115%, an increase of more than 3 billion yuan over the same period last year.
Sales of mobile phones and smartphones added about $3 billion to profits, bringing net profit to $5.5 billion.
Many people may not know about this brand, or even have never seen it, because Transfar does not sell things in China, only sells them abroad.
In the early years, Chuanyin did not produce smartphones, but focused on feature phones. As many people know, Chuanyin is the brand that produces the most feature phones in the world, and its sales even exceed that of Samsung and Nokia.
Africa, Latin America and India, on the other hand, are economically backward countries with underdeveloped communication networks, so there is a high demand for feature phones.
In the feature phone market, brands such as Apple, Huawei, Xiaomi, OPPO, and vivo have ignored this, so Transsion is able to attract more feature phone users and make its brand more recognizable.
But with the spread of 4G and 5G and the lower cost of smartphones, Transsion has also begun to introduce low-cost smartphones for the sub-$100 market with numerous customization features, such as Transsion, which was one of the first smartphones to be launched in Africa, Pakistan, Bangladesh and the Philippines.
By 2023, mobile phone sales will reach nearly 100 million units, and revenue will exceed 60 billion yuan – the average sales per phone is just over 600 yuan, but if the sales per phone are only 50 yuan, then the annual revenue is 5 billion yuan.
Is transfluence on the high or low side? I think it's a hard nut, what do you think?