Huawei Nabs The Top Spot In China In Q1 2017
Huawei once again hits the number one spot of the world's biggest smartphone market. The company's sales in its home country of China have jumped to 21 million units in the first three months of this year, accounting for 18% of the market. More so, Huawei has dethroned Oppo, which was moved to second place with 20 million sales. This comes despite the fact that Oppo's grown its sales by 55% yearly.
Meanwhile, Vivo rounds up the Top 3 for Q1 2017, with 15% market share and 17 million units shipped. The first three vendors together account for more than 50% of shipments for the first time ever, which is a sign that the Chinese market is stabilizing. On the other note, OPPO has been a real success story in China, as the company grew hugely over the last couple of years. OPPO has an extremely high annual growth of 55%, however, despite that, Huawei managed to reach back to the top once again.
OPPO shipped out 20 million units in the first quarter of 2017, and it's close to Huawei for that matter. Research Analyst at Canalys, Lucio Chen said, "China's smartphone market continues to develop, with shipments increasing by over 9% year on year this quarter," Moreover, Chen also mentioned that the aforementioned three companies are accounting for 50% of shipments in the Chinese smartphone market, which is quite engaging.
It is noteworthy that in the smartphone sales in China in Q1 of this year, Apple went fourth. On the other hand, Xiaomi was in fifth place, shipping just 9 million devices. Xiaomi fell pretty hard from the third place it occupied last year. Xiaomi faced increased pressures from Huawei's Honor sub-brand when it comes to pricing, and from Oppo and Vivo's immovable marketing.
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