Honor has already overtaken Xiaomi to become the fastest growing smartphone brand in China

Counterpoint Research has published a report on the Chinese smartphone market for the third quarter of 2021. Sales were down 9% from the same period a year earlier but were up 3% from the previous quarter. It is worth noting that in the second quarter of 2021, sales were the lowest since 2012.

In the second quarter, smartphone sales in China fell as competitors failed to fill the void left by Huawei. At the same time, the industry experienced a shortage of components. In the third quarter, Vivo took first place with a share of 23%, followed by Oppo with a result of 20%.

Honor has confidently returned to the market leader after separating from Huawei, ahead of Xiaomi and taking third place with a share of 15%. Xiaomi came in fourth with a 14% share. Apple, Huawei, and Realme round out the standings with 13%, 8%, and 4%, respectively.

Honor became the fastest-growing smartphone brand in China in the third quarter of 2021. Its market share nearly doubled from 7.7% in the second quarter of 2021 as the company's sales grew 96% from the previous quarter.

According to Counterpoint Research experts, the biggest competitor to Honor in the near future will remain Xiaomi, since both brands are widely represented on the Internet.

Honor has announced several smartphones today, including the Honor X30i, which is equipped with a single-chip Dimensity 810 system, and the large Honor X30 Max with stereo speakers.

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