Within the fourth quarter of final yr (October to December), vivo dominated the Chinese language smartphone market, with 13.2 million items shipped and a 17.6% market share. vivo’s gross sales grew 14.8% in comparison with This autumn 2023.
Apple was in second with 13 million shipments and 17.3% of the pie, however its shipments fell 7.1% year-on-year (YoY), whereas third-place Huawei nearly overtook it. Huawei shipped 12.7 million items in This autumn, had a 16.9% market share, and grew 14.4% YoY.
It was Xiaomi that noticed the most important development in comparison with a yr in the past, at 29.5%. Xiaomi shipped 12.3 million items for a 16.4% market share. It is adopted by Oppo and Honor each with 10.5 million shipments and 14% market share, however whereas Oppo rose 7.1%, Honor dropped 13.2%.
The total market in This autumn 2024 was at 75 million smartphone shipments, rising 5.3% YoY. This was the market’s fourth consecutive quarter exhibiting YoY development. For the complete yr 2024, shipments have been 271.4 million, up 3.7% in comparison with 2023. With the introduction of smartphone subsidies this yr, the expansion ought to proceed.
