Chinese vendors lift global sales and shares
Print Edition
TOP Chinese smartphone vendors, including Huawei, Oppo and Vivo, saw their sales and market shares increase globally in the first quarter in contrast to the flat growth of smartphone sales worldwide, IDC said yesterday.
Vivo and OPPO each posted an over 120 percent surge in sales in the first three months while Huawei’s sales jumped about 60 percent, US-based researcher International Data Corp said yesterday. Comparatively, Apple suffered a 16.3 percent drop in sales while Samsung saw sales dip 0.6 percent.
Global smartphone sales hit 334.9 million units in the first quarter, a slight rise from 334.3 million units a year ago, IDC said. The growth was the smallest year-on-year gain on record in the smartphone market.
By the end of the first quarter, Samsung was still the global market leader with 24.5 percent share, followed by Apple’s 15.3 percent, Huawei’s 8.2 percent, Oppo’s 5.5 percent and Vivo’s 4.3 percent, IDC said.
Meanwhile, smartphones which cost 2,000 yuan (US$309) and above have lifted their China market share at the expense of lower-end devices, by 2.44 percentage points to 48.2 percent in the first quarter from the quarter before, said Nielsen’s study released yesterday.
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