Counterpoint Research has released third-quarter statistics for the world's largest smartphone market, China. Calculations show that smartphone sales in China fell 9% year over year. In just three months, from July to September, 76.5 million devices were sold.
Analysts blame the market decline on weak consumer demand and a shortage of components, especially 4G-enabled SoCs.
The market leader is Vivo, which increased its sales by 21%, as a result of which its share increased from 17% to 23%. In second place is Oppo, which increased sales even more - by 26%. Oppo's share has grown from 15% to 20% over the year. The third place is taken by Honor. It reduced sales by 7%, but as the market shrank more, Honor's share even increased - from 14% to 15%.
Next comes Xiaomi. This manufacturer was able to increase sales by 15%, which led to an increase in its share from 11% to 14%. And Apple closes the top five. It increased sales by 48%, resulting in an increase in Apple's share from 8% to 13%.
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