http://info.afrindex.com
China-Africa Trade Information Service
http://info.afrindex.com
China-Africa Trade Information Service
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The mobile phone industry in Africa has been dominated by Transsion, a little-known Shenzhen company outside the African continent and is preparing to make an initial public offering in China. Now, Vivo is ready to open the Middle East and African markets with low-cost products.
Vivo, the world's fifth-largest smartphone maker, announced this week that it's bringing its budget-friendly Y series smartphones into Nigeria, Kenya and Egypt; the line of products is already available in Morocco.
It's obvious that Vivo wants in on an expanding market. Despite a global slowdown, Africa posted annual growth in smartphone shipments last year for the first time since 2015 thanks in part to the abundance of entry-level products.
Affordability is the key driver for any smartphone brands that want to grab a slice of the African market. That's what vaulted Transsion into a top dog on the continent where it sells feature phones for less than $20. Vivo's Y series smartphones, which are priced as little as $170, are vying for a place with Transsion, Samsung and Huawei that have respective unit shares of 34.3%, 22.6% and 9.9% in Africa last year.
The Middle East is also part of Vivo's latest expansion plan despite the region's recent slump in smartphone volumes. The Y series, which comes in several models sporting features like the 89% screen-to-body ratio or the artificial intelligence-powered triple camera, is currently for sale in the United Arab Emirates and will launch in Saudi Arabia and Bahrain in the coming months.
"Since our first entry into international markets in 2014, we have been dedicated to understanding the needs of consumers through in-depth research in an effort to bring innovative products and services to meet changing lifestyle needs," said Vivo's senior vice president Spark Ni in a statement.
The launch of Y series is just the beginning. It can be expected that Vivo will bring other widely popular products beyond Y series to consumers in the Middle East and Africa very soon.
