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Huawei leads Chinese smartphone market, Oppo second Counterpoint

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Huawei leads Chinese smartphone market, Oppo second Counterpoint. Huawei secured the leading position in the Chinese smartphone market during the fourth quarter of 2017, with eight per cent year-on-year (YoY) growth and registering 19 per cent (YoY) growth for the entire year, a report said on Wednesday. The growth allowed Huawei to capture a 19 per cent share of the smartphone market – its highest ever for a full year, said market research firm Counterpoint Research. “For Huawei, the bulk of the growth was driven by its sub-brand Honor which contributed to more than 60 per cent of its shipments during the year,” James Yan, Research Director at Counterpoint Research, said in a statement. “This made Huawei’s Honor brand the number one smartphone brand in online channels in China ahead of Xiaomi, during the full year,” Yan added. Meanwhile, the overall Chinese smartphone shipments slowed down in 2017, with close to 468 million smartphones shipped. Oppo and Vivo were the second and third largest brands in China in the fourth quarter and for the entire year, they captured a combined more than a third of the smartphone market. For 2017, Oppo and Vivo were able to grow faster than the overall market and increased their market share to 18 per cent and 17 per cent respectively. However, the quarter saw Oppo and Vivo’s growth s
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