- Huawei gained smartphone market share in Q3 2023 in China
- New Huawei flagship contributing to share growth
- China’s smartphone market shipment declined second quarter in a row
Researcher, Canalys revealed that Huawei is making speedy progress in the face of a declining Chinese smartphone market as all of the top 5 companies facing annual downstream in the third quarter.
Smartphone shipments in China saw a 5% decline in the recent quarter. At the same time, the overall shipment touched 66 million units. Honor ranked first in the market with 18% of the overall share and shipped 11.8 million devices during the timeline mentioned above with a 1 percent decline in annual growth.
On the other hand, Huawei comes sixth in the tally and sits as the only phone maker to gain the shares. Canalys notes that the company has achieved more momentum thanks to the new Mate 60 flagship. However, the researcher didn’t reveal a specific smartphone market share that Huawei gained in Q3 2023.
“If Huawei expands the new Kirin chipset into its low-to-mid-range portfolio in the future, it has the potential to disrupt the competitive dynamic among leading vendors,” said Canalys Research Analyst Lucas Zhong.
It suggests that Huawei could further penetrate the market share and establish itself as one of the top smartphone sellers in China. A report revealed that the company has sold about 1.6 million devices in China within six weeks of launch. At the same time, iPhone 15, the new model, is already showing signs of a downtrend in the country.
Oppo has the second spot in the ranking with 10.9 million units shipment and 16% of the market share with a decline of 10% in Q3. Apple follows on the third spot with 10.6 million shipments and a 6% annual decline. Vivo and Xiaomi have fourth and fifth spot with 10.4 and 9.1 million shipments. Vivo saw an annual decline of 26% and Xiaomi remains flat.