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Transsion, the Chinese maker of Tecno phones, shipped 48% of Africa's smartphones in 2025, according to Omdia data cited by Xinhua on 22 October 2026. Omdia said on 20 August that smartphone shipments in Kenya fell 15% in the second quarter of 2026 as device prices rose.
Transsion set the price at the bottom of its HK$35.30–38.80 range, and the H shares are due to start trading on 15 October, according to a 13 October filing reported by Zhitong Finance.
Transsion's Hong Kong public offer closes on 12 October. The company is offering 86.65 million H shares at HK$35.30–38.80 each, with pricing due on 13 October and trading on 15 October, The Paper and The Standard of Hong Kong reported on 7 October.
On 7 October 2026, Chinese phone maker Transsion Holdings opened bookbuilding for 86.65 million H shares at HK$35.30 to HK$38.80, which would raise up to HK$3.36 billion; pricing is expected on 13 October and trading from 15 October, according to The Paper and Bloomberg.
The cost of internet-enabled phones keeps many Kenyans off the mobile internet and data costs limit those already online, according to a GSMA and PDAA study reported by Business Daily on 5 October 2026.
