Chinese brand captures 87% of Chinese smartphone market
Domestic handset vendors like Huawei, Vivo, Oppo and Xiaomi have captured around 87% of Chinese smartphone market in Q2, 2017 according to a study by Counterpoint.
The smartphones shipments in China grew a modest 3% annually during Q2 2017, registering second consecutive quarter of annual growth this year.
Commenting on the results, James Yan, Research Director, Counterpoint said, “June seasonally is a strong month for China as it is usually buoyed by portfolio upgrades from major brands such as Oppo, vivo and Xiaomi. The top four Chinese brands now capture close to 69% of the market as these brands have raced ahead of international and other local brands with expansive distribution reach and exciting portfolio.”Read More