We undoubtedly live in a complex situation, with two wars, economic and political instability, and on top of that Christmas is just around the corner. All of this has repercussions on markets such as mobile phone services. We saw how all brands recorded losses in the last quarter. OK, not all of them.
Not only did 1 of the 5 big smartphone brands lose money, they also made money, grew, and even revived a failing market. The biggest winner of the last quarter was XiaomiThree unfortunate months for the remaining brands.
Xiaomi’s successful quarter
Technology market analyst Counterpoint company published its sales report for the global mobile phone market, this time for the third quarter of 2023 (between July 1 and September 31). The market as a whole declined, but Xiaomi remained firm It was the only brand that increased its sales.
Samsung experienced an 8% year-on-year decline in the third quarter of 2023, despite growing 11% quarter-on-quarter and maintaining its position as the leading smartphone maker. X among the top 5 smartphone brandsiaomi was the only company to grow on an annual basis in the third quarter of 2023It attracts the market by selling 41.5 million units.
World’s third place in the top 3
Among the top 10 smartphone brands, HONOR, Motorola, TECNO and Huawei recorded double-digit annual growth. Transsion’s other brands, Infinix and itel, also recorded double-digit annual growth. In terms of regional results, the Middle East and Africa (MEA) recorded the largest increase in annual shipments, while North America experienced the largest decline.
Xiaomi maintained its third place worldwide. even though he single-handedly took the fourth quarter. In this way, it managed to narrow the differences between Samsung and Apple. As for the Asian market; Xiaomi and Oppo togetherness, followed by Vivo. In Asia, Apple and Samsung are not leaders, but are ranked fourth and fifth
via | HelloXiaomi
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