Huawei cellphones are displayed of their retailer at Vina del Mar, Chile July 14, 2019. REUTERS/Rodrigo Garrido/File Picture Purchase Licensing Rights
BEIJING, Oct 26 (Reuters) – Smartphone gross sales in China fell 5% within the third quarter in comparison with the identical interval final yr, extending a declining pattern because the economic system slows and cost-conscious customers delay cellphone upgrades, in line with a analysis agency.
Smartphone shipments dropped year-on-year within the quarter to 66.7 million handsets, Canalys reported on Thursday.
The highest 5 smartphone manufacturers in China all noticed declining or flat gross sales in comparison with final yr. Vivo skilled the steepest drop at 26%, adopted by Oppo with a ten% lower, Apple (AAPL.O) with a 6% decline, Honor with a 1% dip, and Xiaomi (1810.HK) which was flat year-over-year.
Honor, previously Huawei’s smartphone model which the Chinese language tech large bought off in 2020, took first place in China with shipments of 11.8 million items and an 18% market share. Oppo and Apple tied for second place, each with 16% share.
Apple maintained its excessive rating partly due to the launch of its iPhone 15 collection in China on Sept. 22, in line with Canalys.
Huawei was the sixth largest smartphone model in China in the course of the quarter. Whereas Canalys didn’t present Huawei’s particular market share, it famous that Huawei’s share elevated to achieve ranges comparable with main producers in China due to sturdy demand for its new Mate 60 merchandise.
Huawei made a shock launch of its premium Mate 60 Professional cellphone in late August, which many analysts mentioned makes use of a domestically made chip and marks a breakthrough within the face of years of U.S. expertise sanctions in opposition to the corporate.
“If Huawei’s new Kirin chips are expanded to mid-range and low-end product traces sooner or later, it’ll have the potential to additional disrupt the competitors amongst prime manufacturers out there,” mentioned Canalys analyst Lucas Zhong.
In line with Counterpoint Analysis, Huawei bought an estimated 1.6 million items of its Mate 60 collection handsets throughout the first six weeks of its launch. Analyst Ivan Lam said the Mate 60 has seen excessive demand since its launch.
Gross sales of Apple’s iPhone 15, nonetheless, underperformed early gross sales of the iPhone 14, Counterpoint additionally mentioned.
Reporting by Yelin Mo, Liz Lee in Beijing and Brenda Goh in Shanghai; Modifying by Jamie Freed and Muralikumar Anantharaman
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