In Q3 2020, the smartphone market as an entire noticed a 5.7% decline in comparison with Q3 2019. Mixed, smartphone producers shipped round 366 million items, down from 388 million the identical time in 2019. That’s much better than the 20% losses seen up to now two quarters.
Over the previous 12 months, Samsung and Xiaomi each noticed appreciable progress. Samsung continues to dominate the market in first place with 22% market share and over 80 million items offered. Xiaomi additionally moved as much as 12.1% share, transport over 44 million items, up from 32 million in 2019 and totaling practically 35% progress YoY.
Samsung and Xiaomi have been the one distributors within the prime 5 to expertise progress within the third quarter of 2020. Samsung benefited from its sturdy positioning amongst Android customers and recorded gross sales of 80.8 million items. Xiaomi grew 34.9% within the third quarter of 2020, securing 12.1% market share and transferring previous Apple into the No. 3 place. Xiaomi gained from Huawei’s loss together with sturdy efficiency in China.
However, Huawei continues to crash because it nonetheless offers with the US ban. The Chinese language big shipped round 51 million items in Q3, down over 21% since 2019 and lagging far behind Samsung at this level, the rival it used to battle for first place with.
Apple additionally noticed a minor drop in Q3 2020, dropping just a little over half a p.c YoY. That’s attributable to the late launch of latest iPhones, although.
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