New Delhi April 27 (IANS) With 4 per cent market share in Q1 2018 China-based Transsion Holdings has become the fifth largest mobile handset player in the country.
According to Counterpoint Research the group acheived the feat for its three brands combined -- Tecno itel and Infinix.
itel maintains a strong foothold in the feature phone segment with 17 per cent (YoY) growth by volume.
"We are consistently working towards providing world-class experience and customised mobile solutions to the Indian consumers " Marco Ma Chief Managing Director Transsion India said in a statement on Friday.
Since the launch of itel in April 2016 Transsion India now has five brands in the country -- itel TECNO Infinix Spice and oraimo.
TECNO registered a growth of 23 per cent (QoQ) in Q1 2018.
It started the year with the launch of camera-centric "Camon" smartphones that comes with Full View display.
Transsion India recently launched its first selfie-centric smartphone "Hot S3" with Full View display.
The company claims to have a distribution network of 1.05 lakh retailers and 3 000 plus channel partners in the country.
--IANS
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