As per the most recent report revealed by the CINNO Analysis, shipments of smartphones in the Chinese language market have fallen in the third quarter of this yr, i.e. Q3 2020. That is doubtless due to the COVID-19 pandemic.
The report reveals that the market witnessed shipments of round 80 million in the third quarter, which represents a decline of 15 % on a month-to-month foundation and 19 % year-on-year.
It additionally sheds gentle on the main smartphone model for the required length, and with none shock, Huawei nonetheless holds the lead in its dwelling market. Huawei, together with its sub-brand Honor, shipped 28.eight million models, which exhibits a decline of 29 % YoY however the firm holds 36.three % market share.
The second spot has been grabbed by Vivo (which additionally contains its sub-brand iQOO) with a market share of 17.5 %. Ranked in the third place is OPPO with a market share of 16 %. Each the businesses shipped 13.9 million and 12.7 million models, respectively.
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Consistent with the market, each the businesses witnessed a decline in shipments by 21 % and 20 %, respectively when seen on a year-on-year foundation. Fourth and Fifth positions are held by Xiaomi and Apple with 11.eight million and eight.1 million shipments.
Whereas Xiaomi has a market share of 14.eight %, Apple occupied 10.2 % of the market share. Curiously, each these corporations managed to extend their shipments by 26 % and 9 % in comparison with the identical interval final yr.
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