Spinee
wrote a post · Jul 28 22:36
Mainland China's smartphone market experienced 10% year-on-year growth in Q2 2024, with shipments exceeding 70 million units, the latest Canalys research shows.
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$Apple (AAPL.US)$ ranked sixth with a market share of 14%, a decrease of 2% from the second quarter of the previous year. ![]()
vivo reclaimed the 1 spot by shipping 13.1 million units, capturing a 19% market share. This growth, a 15% increase over the previous year, was driven by strong performance in offline channels and robust online sales during the "618" e-commerce festival.![]()
OPPO held onto 2 place, shipping 11.3 million units, buoyed by the launch of its new Reno 12 series.![]()
$Huawei Hongmong (BK0795)$ HONOR was third, with shipments of 10.7 million units, marking a 4% year-on-year increase. Huawei followed closely, taking fourth place with shipments of 10.6 million units, though its growth has slowed slightly.![]()
$XIAOMI-W (01810.HK)$ saw a 17% y/y increase and re-entered the top five by shipping 10 million units. The significant marketing buzz this quarter surrounding Xiaomi's first electric car, the SU7, was one of the contributors to solid sales of its K70 and flagship 14 series.
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