FingerMotion Inc. (FNGR) Poised to Surf Potential Wave of 5G Growth in China Through Partnerships, Mobile Services

November 19, 2021 08:15:57
  • U.S.-based mobile tech services provider FingerMotion is laser-focused on the Chinese phone consumer market, building revenues primarily from SMS and MMS services there but expanding into insurance data services with other corporate partners
  • The company’s trademarked big data platform Sapientus handles over half a million transactions daily for its mobile payment and recharge services
  • Analysts have noted the huge potential for upgrade services in China given consumer interest in replacing their high-end smartphones and acquiring 5G network capability
  • Although there were 180 million 5G users at the end of last year, the government has promoted the fast-speed network and among 1.62 mobile phone subscriptions, 90 percent of those who replied to a Strategy Analytics survey stated they want to upgrade to a 5G phone
China’s hungry smartphone market appears poised for a very strong upgrade cycle if analysis by Strategy Analytics holds true in regard to the country’s technology buying trends. The market watch company reported on a recent survey that found 35 percent of high-end smartphone users in the Asian nation will change their phones in the next six months and that 90 percent of… Read More>> NOTE TO INVESTORS: The latest news and updates relating to FNGR are available in the company’s newsroom at https://ibn.fm/FNGR

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