Final week, Counterpoint Analysis launched its report on the China Smartphone Market Q3 2020. Now, every week later, IDC (Worldwide Knowledge Company) publishes its personal report. In keeping with the agency, manufacturers shipped 84.Eight million items and your entire market witnessed 14.3% YoY decline. The drop in shipments was resulting from mushy demand, Huawei’s provide constraints, and delayed flagship launches from each Apple and Huawei.
Regardless of provide points, Huawei maintained its lead in the third quarter of 2020 with 35.1 million items in shipments and 41.4% market share. The corporate managed to do it by reducing the manufacturing of some standard fashions just like the Mate30 sequence.
Within the second place, vivo shipped 15 million items garnering 17.8% share. The corporate focussed throughout completely different value segments with 5G-enabled Y sequence in the sub-$300 class in addition to S7, iQOO 5, and X sequence of telephones in the mid-range and high-end segments.
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Whereas, OPPO focussed extra in the $200-$400 5G handset phase by transport much less sub-$150 telephones. The model got here third with 16.6% share and 14.1 thousands and thousands items in shipments.
Additional, Xiaomi shipped 11 million items gaining a 13% market share. However, it was the one model in the highest 5 listing to attain a 13.4% YoY whereas others declined by as much as 16.9%. The corporate’s Redmi 9 and Redmi Ok30 sequence carried out properly in Q3.
Lastly, Apple stood on the fifth place with an 8.3% market share and seven million items in shipments. The American tech big’s iPhone 11 continued to promote properly in each offline and on-line channels.
Having mentioned that, the report additionally mentions that China has thus far shipped a complete of 117 million items of 5G smartphones since 2019. Out of this determine, a whopping 49.7 million items shipped in Q3 2020 itself. Huawei additionally led this phase, adopted by OPPO, vivo, Xiaomi, and realme respectively.
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