Chinese tech giant Huawei is no longer on the list of the top five smartphone companies in the world, according to the research company’s latest report Strategy analysis.
Although Huawei was banned in 2019 by former US President Donald Trump and had no access to critical technology of US origin, it managed to maintain its place among the leaders Smartphone brands the world due to sales in its home country of China.
However, a new report from Strategy Analytics reveals that the company is no longer on the list and has been removed from the list by competitors from the same country. Xiaomi, Oppo and Vivo are now in third, fourth and fifth place.
Vivo saw the highest total annual growth of 85%, followed by Xiaomi, which grew 80% compared to Q1 2020.
Linda Sui, Senior Director at Strategy Analytics, said, “The Chinese smartphone market had a sensational quarter fueled by the success of 5G products across multiple price tiers. Chinese smartphone shipments increased + 35% year over year in the first quarter of 2021, reaching 94 million units. ”
The global smartphone market was led by the South Korean tech giant Samsung In the first quarter, 77 million smartphones were shipped worldwide, representing a growth of 32% over the previous year of 58 million units in the first quarter of 2020. According to the report, these were “the affordable 4G and 5G A-series phones and the early launch of the Galaxy S21 series combined [that] had a solid performance for the quarter. ”
Second place was taken by Apple The company has shipped 57 million iPhones worldwide, taking second place with a market share of 17%.
In total, global smartphone shipments totaled 340 million units in the first quarter of 2021. According to Strategy Analytics, the company grew 24% annually, “the highest growth since 2015.”
“The recovery in the smartphone market was driven by strong consumer demand with aging devices and a phenomenal 5G surge from Chinese providers,” the report added.