Oppo left Huawei behind for the first time, capturing them in the top 5.
Oppo has achieved a great success. Oppo has become the best-selling smartphone brand in its home market China for the first time. This has been said in a report by Counterpoint Research. Oppo has also overtaken Huawei in the Chinese market. The Counterpoint report said that in January this year, Oppo (Oppo) topped the world’s largest smartphone market with a market share of 21 per cent.
These mobile companies were in the top 5 (Oppo left Huawei)
Both Vivo and Huawei have achieved 20–20 per cent market share. At the same time, Apple and Xiaomi have been in the top 5 with 16–16 per cent share. Sales of OPPO grew by 26% on an annual basis. At the same time, the company’s sales have increased by 33 percent over the previous month. Counterpoint says that the launch of the new Reno 5 Series has been successful. This smartphone series was launched with better specifications at a lower price point than the Reno 4.
Huawei’s market share may decline throughout the year
The report says that Huawei has suffered a setback in China, apart from other markets in the world. Counterpoint says that Huawei has increased its focus on the premium market due to the lack of components, so Chinese distributors are focusing on other brands for volume. Currently the figures are for a month (January 2021). But, Counterpoint says that Huawei’s market share may decline this whole year. At the same time, Oppo will try to strengthen its position in the market with the launch of its latest flagship phone Find X3 Pro.
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