IDC: Vivo secures the top spot in Chinese smartphone market for Q3 2022

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Vivo secures the top spot in Chinese smartphone market for Q3 2022

The Chinese language smartphone market is the most important one on this planet and in accordance with IDathe regular decline pattern continues all through Q3 this yr. Complete shipments fell 11% year-over-year with 71.3 million items offered. Nonetheless, the premium phase sees a modest 1.9% enhance for a similar interval, taking a 22.4% share.

The highest 5 corporations promoting smartphones within the nation are vivo, Honor, Oppo, Apple and Xiaomi. As you possibly can see, Apple is the one non-Chinese language firm on the listing. However regardless of vivo’s spectacular efficiency, the corporate’s gross sales are down greater than 20% year-over-year. Vivo’s sub-brand iQOO is seen as one of many key components for retaining the highest spot.

Honor additionally sees a lower of 9.1% in comparison with the identical interval final yr, retaining 17.9% of the overall market share. Oppo, then again, has been hit the toughest. The corporate misplaced 27.9% of its gross sales in comparison with Q3 2021 however nonetheless maintains an edge over Apple with 11.6% whole market share.

And as for Apple, it is truly the one firm within the prime 5 with a modest 2.5% enchancment in gross sales, primarily because of its iPhone 14 Professional and Professional Max fashions. In spite of everything, the premium phase is seeing elevated curiosity. Final however not least, Xiaomi had a 9% market share in Q3 2022, dropping 17.9% of its gross sales YoY.

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