US-based market research company International Data Corporation ranked the largest smartphone manufacturers in China as of the first quarter of 2024. According to the data, it was noticeable that Huawei showed a significant rise . Here are the best-selling manufacturers in the Chinese smartphone market…
Latest situation in the Chinese smartphone market: Best-selling brands
When we look at the data, we see that there is growth in the Chinese smartphone market. So much so that sales increased by 6.5 percent in the first quarter of 2024 compared to the previous period . This growth was led by Huawei and Honor .
We see that the best-selling smartphone manufacturer in China is Honor . The market share of the company, which recorded an annual growth of 13.2 percent , was announced as 17.1 percent . It is followed immediately by Huawei, which holds 17 percent of the market and was once the umbrella company of Honor .
Huawei , whose access to many important technologies was restricted due to US sanctions that started in recent years , recorded an annual growth of 110 percent . This is a serious rate and will accelerate the competition in the smartphone market.
OPPO ranked third with 15.7 percent market share. US Apple ranked fourth with 15.6 percent . The market share of the company with the Apple logo in China is constantly decreasing. It was once ranked first.
vivo ranked fifth with a market share of 14.6 percent . The remaining 20.1 percent belongs to other brands. What stood out most in the rankings was the rise of Huawei and the decline of Apple .
As of the first quarter of 2024, the best-selling phone manufacturers within China were listed as follows;
| Row | Company | 2024 Q1 Market Share | 2023 Q1 Market Share | Annual Growth |
|---|---|---|---|---|
| 1 | Honor | 17,1% | 16,1% | +13,2% |
| 2 | Huawei | 17,0% | 8,6% | +110,0% |
| 3 | OPPO | 15,7% | 19,8% | -15,5% |
| 4 | Apple | 15,6% | 17,8% | -6,6% |
| 5 | vivo | 14,6% | 17,4% | -10,7% |
| 6 | Others | 20,1% | 20,4% | +4,8% |
| 7 | Total | 100.0% | 100.0% | 6,5% |
| Total | 100.0% | 100.0% | 6.5% |
Q1 = First quarter
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