Huawei held 27% market share, Vivo becoming the fastest growing in China in the second quarter: Canalys

Huawei's efforts to accelerate smartphone shipments with new devices appear to be paying off in the domestic market. According to the latest report from the company's market analysis, channelys, the Chinese giant of smart phones and telecommunications broke the record of "most important share" with regard to the smartphone market in China. The report added that Huawei accounted for about 27 percent of total smartphones in China in the second quarter of this year by breaking a record. He also pointed out that the total number of smart phone shipments again exceeded 100 million in the second quarter, after a dip in the previous quarter.

The report notes that this rebound in total appliance shipments is a much needed relief. local smartphone manufacturers, suppliers and partners, "shipments fell more than 20%" to reach the figure of 91 million. Coming back to Huawei, the company shipped 28.5 million smartphones and was followed by Oppo and Vivo in second and third places with respectively 21 and 20% market share. Xiaomi was fourth on the list with a 14% market share and Apple was fifth in the market.

Watch: Honor First Look

According to the report, it becomes difficult for other small smartphone vendors to compete with market giants while the top four smartphone players held about 90% of total shipments of smartphones, compared to 73% of deliveries a year ago. One thing to note here is that Vivo was the fastest growing company on the market with about 30% growth to fill the gap with Oppo. Huawei was the second fastest growing company with 22% growth over Q2 2017.

For Huawei, growth rose from 21% last year to 27% this year. percent this year, and Vivo went from 14 percent last year to 20 percent with 30 percent growth. Speaking of Xiaomi, the company has maintained its growth, but the percentage has gone from 13% last year to 14% this year.

The report points out that Huawei's growth explains by the Honor growth of its sub-brand Honor at 55 percent from 33 percent last year. Mo Jia, an analyst at Canalys, added: "Honor is today the largest smartphone brand in the Huawei Consumer Business Group." He adds: "Boasting a high level of autonomy within Huawei, Honor is trying to make a name for itself in the market.It has successfully developed into the US $ 500 + segment with its latest flagship models and continues to erode the market share of its direct competitors in the low-cost segment, such as Xiaomi. "

Jia also pointed out that Honor's growth is likely to "pose a dilemma" for the company on which the sub-brand to focus to achieve the goal of 200 million Shipping by About the market, Jia said: "The market is also expected to decline over the coming quarters, mainly due to the sharp drop in shipments from small suppliers who are unable to maintain volumes and so have difficult to justify additional investments in the market. "Uncertain business situations with the United States are also likely to have an impact on larger vendors.