Jakarta, CNBC Indonesia – In the IDC report, there is no Oppo name in the top five best selling smartphones in China. Meanwhile, Vivo is in first place on the list.
Vivo recorded sales growth of 21.5% compared to the same period last year. The company’s market share in the third quarter of 2024 reached 18.6%.
Apple is second. This is the latest achievement for the company from Cupertino, United States (US), which was out of the top 5.
In the IDC report, Apple’s market share in China reached 15.6%. However, sales growth was recorded at -0.3%.
Huawei is in third position, down from second place in the previous quarter. However, the technology giant’s growth was the largest, reaching 42%.
Oppo is not in the top five of the report. Down from third place in the second quarter of 2024 with a decline of 2.7% from the same period in 2023.
Xiaomi and Honor are in fourth and fifth place. Xiaomi posted a 12.8% year-on-year growth and Honor dropped 22.5% yoy.
In China alone, it was reported that 68.8 million smartphone units were sold. Market growth was 3.2%, a positive trend for four consecutive quarters.
“Despite economic challenges, consumers are motivated to buy new smartphones after three years of decline,” said senior researcher at IDC China, Arthur Guo.
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Smartphone Sales: Who’s on Top in China?
Jakarta, CNBC Indonesia – Well, folks, it looks like Oppo has officially fallen off the smartphone bandwagon in China. That’s right, no Oppo in the top five! It’s as if they got lost in Beijing traffic and couldn’t find their way to a podium.
So, who’s strutting around with their heads held high? Drumroll, please! Vivo takes the first place, sprinting ahead with a sales growth of 21.5%. They must be shopping for victory lap track suits because their market share has hit a comfortable 18.6%. At this rate, Vivo’s going to need an extra floor just for their trophies.
Coming in hot at second place, we have Apple. Yes, the tech giant from Cupertino is back on the leaderboard with a market share of 15.6%. But don’t get too excited; their growth is about as lively as a sloth on a lazy afternoon, clocking in with a not-so-stellar -0.3%. Apparently, selling fewer phones this time around is the new ‘in’ thing!
Speaking of drop-offs, Huawei is fumbling around in third place after previously holding onto second like it was a prized possession. But let’s give credit where credit is due—they boasted a whopping 42% growth! They may need to share their secret sauce; it seems to be working, regardless of the placement. Maybe it’s the ‘Don’t Look at Sanctions’ strategy that’s doing wonders?
Now, if you want to talk consistency, you can’t skip over Xiaomi and Honor, who round out the top five in fourth and fifth place, respectively. Xiaomi is showing off with a 12.8% year-on-year growth. Meanwhile, Honor might want to reassess its life choices, as it’s down a disheartening 22.5%. If Honor keeps this up, their next marketing campaign might just be titled “Sorry, We Tried.”
In total, 68.8 million smartphone units were sold in China. Yes, folks, the market is slowly shaking off its economic hangover, with a 3.2% growth rate recorded. After three years of discouragement, consumers seem to be ready to whip out their wallets and make impulsive decisions once again! Lucky for us, it’s not just about economic sustainability; it’s about keeping up with the latest trends—because who doesn’t want to ensure their Instagram feed is still on point?
“Despite economic challenges, consumers are motivated to buy new smartphones after three years of decline,” said senior IDC researcher Arthur Guo. Give the man a medal for spotting the obvious!
So there you have it, folks. In the wild world of smartphone sales, many are vying for the crown, while others are slipping through the cracks. Who would have thought Huawei could be the overachiever despite the scrutiny? Next time you pick up a phone, just remember—there’s a whole world of competition behind what you’re holding. And if you want to catch up on how well Apple, Amazon, and Intel are doing, check the video below!
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Jakarta, CNBC Indonesia – According to the latest IDC report, Oppo has notably disappeared from the list of the top five best-selling smartphones in China, a significant shift in the competitive landscape of the smartphone market. In a remarkable turn of events, Vivo has surged to claim the top spot on the list.
With a year-on-year sales growth of 21.5%, Vivo has solidified its position by achieving a robust market share of 18.6% in the third quarter of 2024, demonstrating its strong performance amidst fierce competition.
In a notable comeback, Apple has secured second place on the list, marking a significant recovery for the Cupertino-based tech giant, which had previously fallen out of the top 5 rankings.
Despite achieving a market share of 15.6% in China, Apple recorded a slight decline in sales growth of -0.3%, highlighting the challenges it faces in maintaining momentum in this key market.
Huawei has claimed the third position, despite slipping from second place in the previous quarter; however, the technology giant still boasted the largest growth rate among its competitors, recording a remarkable increase of 42%.
As for Oppo, the absence from the top five is a stark contrast to its previous standing, having dropped from third place in the second quarter of 2024 and experiencing a decline of 2.7% compared to the same period in 2023.
Xiaomi and Honor respectively achieved fourth and fifth positions on the list, with Xiaomi showcasing a year-on-year growth of 12.8% while Honor struggled, suffering a significant drop of 22.5% year-on-year.
In total, China saw the sale of approximately 68.8 million smartphone units, indicating a market growth rate of 3.2%, a promising positive trend sustained over the last four consecutive quarters.
“Despite economic challenges, consumers are motivated to buy new smartphones after three years of decline,” noted Arthur Guo, a senior researcher at IDC China, emphasizing the evolving consumer sentiment in the market.
Top position with a sales growth of 21.5% compared to the same period last year, capturing an impressive market share of 18.6% in the third quarter of 2024.
Following Vivo is Apple, now sitting in second place with a market share of 15.6%. After briefly falling out of the top five, Apple’s return to prominence is notable, though their sales growth has seen a slight decline of -0.3%. It seems that the excitement around their latest offerings hasn’t been enough to push sales significantly higher.
In third place, we have Huawei, which experienced the largest growth among the top contenders with an impressive 42%, despite a slip from their previous second position. Their ability to thrive amidst sanctions and market challenges raises eyebrows and suggests they might have solid strategies in place that could be worth studying.
Xiaomi and Honor fill out the fourth and fifth spots, respectively. Xiaomi has reported a year-on-year growth of 12.8%, demonstrating steady performance in the competitive market. In contrast, Honor has struggled, experiencing a significant drop of 22.5%, which raises questions about their future strategies and market positioning.
the total sales of smartphones in China reached 68.8 million units, marking a 3.2% growth in the market. This resurgence follows three years of decline, indicating that consumers are once again eager to invest in new technology. IDC’s senior researcher Arthur Guo noted that “despite economic challenges, consumers are motivated to buy new smartphones,” reflecting an optimistic shift in customer sentiment.
As the smartphone landscape continues to evolve, these dynamics showcase the fierce competition among brands and the potential for new trends to shape consumer preferences—definitely a thrilling time for tech enthusiasts and market watchers alike.