TrendForce Releases Estimated Global Market Share of Chinese Smartphone Brands Next Year

2020 will be a big reshuffle for the mobile phone industry.

Not long ago, market research institutions have released the global smartphone market rankings in the third quarter. The data shows that Samsung is firmly in the first place, while Xiaomi surpasses Apple to occupy the third place in the global smartphone market.

The latest ranking of the top four manufacturers in the global smartphone market in the third quarter is: Samsung, Huawei, Xiaomi, and Apple. The smartphone shipments of the four leading manufacturers accounted for about 60.6% of the global market share. Among them, Xiaomi is the biggest dark horse in the first echelon, and it is also the only mobile phone manufacturer in the top four that has bucked the trend.

How will it go next year? Today, TrendForce released a report on the estimated global market share of Chinese smartphone brands next year. The report shows that even if Huawei sells the Honor business, Honor will still face the dilemma of tight wafer foundry supply in 2021, with an estimated market share of about 2%; Huawei will be about 4%.

In addition, Xiaomi’s global share will further increase to 14%, OPPO will remain the same, and vivo’s share will increase to 11%.

On November 18, Huawei issued a disclosure announcement stating that Huawei Investment Holdings Co., Ltd. decided to sell the assets of the Honor business as a whole, and the acquirer was Shenzhen Zhixin New Information Technology Co., Ltd.

For the post-delivery Glory, the company and its subsidiaries do not hold any shares, and do not participate in business management and decision-making.

The above-mentioned sale of business assets is in line with the decision-making process of the company’s internal competent decision-making body, and will not cause a decrease in the company’s consolidated net assets, and will not have a significant adverse impact on the company’s solvency.

Author: Zhaohui Source: Fast Technology

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