The Chinese smartphone market declines by 14% YoY in Q3 2020, Xiaomi is the only one with increase in sales

29 October 2020, 07:25:08

The Chinese smartphone market declines by 14% YoY in Q3 2020, Xiaomi is the only one with increase in salesThe smartphone market in China has declined by 14% YoY for the third quarter of 2020, according to the latest report from Counterpoint Research. This percentage has been achieved even after the 6% QoQ recovery growth of smartphone sales in China. Huawei is the market leader in China with 45% market share and 3% YoY decline in sales. Vivo and Oppo declare the highest losses for this quarter comparing to their performance in Q3 of 2019. Vivo is second in China with 17% market share and 21% decline in sales YoY. Oppo is third with 15% market share and 29% decline in sales YoY. Even their accumulative sales cannot achieve that of Huawei. Apple is fourth in the Chinese market with 8% market share and 7% decline in sales YoY. Xiaomi is fifth with 11% market share but it is the only company that detects an increase in sales - 8% YoY. Source

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Full specifications of various moblie devices grouped by brand and year of announcement

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