Huawei's market share in China is reduced by half
According to Counterpoint Research, Huawei's market share in China has been split in half in less than a year. Most of the reasons for this drop is the Honor brand's reintroduction. Vivo takes the top spot on the podium, followed by Oppo. Huawei is in third place, followed by Xiaomi and Apple.
Huawei's last stronghold was in China. It was the only market where the brand still had enough clout to stay in the Top 5 globally. Just without a smartphone to display and relying solely on computers and connected items, the Asian company periclited, debuting in the Top 5 in the first quarter of the year. A drop that is also taking place in China. According to the most recent report from Counterpoint Research, Huawei only accounts for 16 percent of sales in China, despite its market share exceeding 30% between the first and third quarters of 2020.
This drop is the result of two factors. The first is, of course, his inability to be given in separate parts. The second is Honor's revenue, which is not included in the 16 percent. Huawei has now climbed to third place. However, the company could drop to fourth place in the coming year. Xiaomi, in reality, outperforms Huawei with a 15% market share.