A lot of Chinese smartphone vendors are stepping up their game recently. Spearheaded by Huawei and Xiaomi, what used to be an infamous source of smartphones slowly gained the trust of the public.
However, it appears that the smartphone market has reached its maturity — and these Chinese manufacturers are really affected.
According to DigiTimes, Chinese manufacturers are facing a 1.2% year-on-year decline in smartphone shipments this first quarter of 2018. For comparison, Chinese vendors shipped 141.1 million last quarter.
The top four brands based on the total number of shipments are Huawei, Xiaomi, OPPO, and Vivo. The report suggests that Xiaomi is doing just fine, but the other three really suffer from a month-on-month decline. In comparison, Strategy Analytics’ report mentioned that Huawei gained a record-breaking 11% global smartphone market share this quarter, up from 10% last year.
Lenovo, which used to be at the 4th spot, fell at the 5th seat. This brand didn’t just fell a floor down, but it actually fell really hard. As per the research, the gap between Lenovo, and Vivo is really significant.
However, these mobile brands are expected to bounce back this upcoming quarter — all thanks to their latest smartphone releases. It is predicted that there’s going to be a 16.6% on quarter growth and 13% on year.
The DigiTimes research also expects these brands to step up their efforts in penetrating foreign countries as the smartphone market in China is now maturing.
Source: DigiTimes