China’s Mobile-Phone Giant in Africa

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China’s Mobile-Phone Giant in Africa
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Heard on the Street: Huawei and Xiaomi have become well-known names globally. But there is a third Chinese company that has grown to be one of the world’s largest phone makers without garnering much publicity.

Chinese mobile-phone brands Huawei and Xiaomi have become well-known names globally. But there is a third Chinese company that has grown to be one of the world’s largest phone makers without garnering much publicity. Investors are about to hear much more about it.

Shenzhen Transsion will be among the first batch of companies to list on Shanghai’s new board, which wants to become a stock market for the country’s best technology companies—essentially China’s take on Nasdaq. Founded in 2013, Transsion now sells almost every second...

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