Monday, July 27, 2015

2015 Q2 China: Domestic brands continue to top smartphone market. Xiaomi 18%, Huawei 16% and Vivo 10%




Vivo phone's advertisement is seen in Nanjing city, East China's Jiangsu province, July 4. [Photo/IC]

China's domestic smartphone makers continue to battle foreign rivals as they post bigger market shares in the second quarter of this year, industry statistics show.
Chinese brand Xiaomi sold more smartphones than any other producer in the country in thesecond quarter, garnering a market share of 18 percent, according to latest figures from market researcher IHS Technology.
Huawei and Vivo, both home-grown brands, took 16 percent and 10 percent market share respectively, ranking second and fourth place.
Apple took third with a market share of 12 percent, while Samsung fell from fourth to fifthplace with 9 percent.
Analysts attributed the domestic ascent to their improved designs and innovative technology.
However, as the overall smartphone market slows, Chinese producers will have to exploreemerging overseas markets, according to a report by technology research firm Gartner.
Xiaomi has had a successful run in Asian markets such as India and is looking to expand itsfoothold in Brazil.
Huawei is also speeding investment abroad, with its smartphone sales in several overseasregions, including Europe, surging over 40 percent in the first half.


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