Counterpoint Analysis has launched a report on the China Smartphone Marketplace for Q3 2020. Based on it, the market declined 13% YoY however improved 3% QoQ. Huawei was the biggest model however its gross sales began declining. Then again, Xiaomi outperformed all of the manufacturers and iPhone 11 was the best-selling smartphone though 5G smartphones accounted for over 50% of the entire models bought.
Within the report revealed by Counterpoint, analysis analyst Flora Tang mentioned that as per the Nationwide Bureau of Statistics of China, the nation’s unemployment fee elevated by 0.2% in city areas in September. The unemployment fee of faculty graduates aged between 20 and 24 hiked by 4% throughout this era. Due to this fact, smartphone gross sales remained stagnant regardless of manufacturers’ efforts to set off gross sales.
Speaking in regards to the performances of prime OEMs, analysis analyst Memgmeng Zhang commented that Huawei led the China Smartphone Market in Q2 2020 with a 45% market share.
The corporate’s six fashions made it to the checklist of prime 10 best-selling smartphones over the past quarter and most significantly, all of them have been 5G-enabled. Nevertheless, the gross sales of the Chinese language telecom big started to say no because of a extreme part scarcity.
Additional, vivo and OPPO captured second and third positions with 17% and 15% market shares respectively. The OPPO Reno4 collection and vivo X50 collection helped these two corporations acquire some momentum in comparison with the earlier quarter.
Within the fourth place with an 11% market share, Xiaomi was the one OEM to attain a YoY progress in Q3 2020, 8% to be precise. However apparently, none of its telephones was a best-selling handset in this era.
As for Apple, its gross sales dropped 7% YoY as a result of iPhone 12 collection, which was anticipated to debut in this quarter again then. Nonetheless, iPhone 11 remained the best-selling smartphone accounting for nearly 5% of the market share. Whereas, Apple as an entire managed to say fifth place with an 8% market share.
Commenting on 5G smartphones, senior analyst Ethan Qi mentioned that the beginning pricing of 5G handsets dropped to round $150 with the launch of realme V3 5G. A number of the standard telephones in this section embrace HUAWEI Take pleasure in 20 5G, HONOR X10 5G, OPPO A72 5G, vivo Y70s 5G, and Redmi 10X 5G.
Based on the Ministry of Trade and Info Know-how, Chinese language telecom operators managed to construct 690,000 5G base stations by the tip of September. The 5G smartphone gross sales (in models) accounted for 50% of the complete smartphone market in Q3 2020, in comparison with 33% and 16% in Q2 and Q1 respectively.
With the launch of the iPhone 12 collection in This fall, 5G smartphones are anticipated to accumulate virtually 70% of the market by the tip of this yr.
Having mentioned that, right here’s the checklist of best-selling smartphones in China in Q3 2020, as per Counterpoint Analysis.
- Apple iPhone 11 (4G)
- HUAWEI nova7 (5G)
- HUAWEI nova7 SE (5G)
- HUAWEI P40 (5G)
- HUAWEI P40 Professional (5G)
- OPPO A8 (4G)
- vivo Y3 (4G)
- OPPO Reno4 (5G)
- HONOR 30S (5G)
- HUAWEI Mate30 (5G)
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