Honor, a spin-off from Huawei, continues to gain momentum. According to Counterpoint, in the first quarter of this year in China, Honor took 16.9% of the market, coming in fourth place.
For comparison, a year earlier, Honor occupied only 5.5% of the market. Now even Xiaomi is left behind with its 14.9%, and Huawei’s share has fallen from 15% to 6.2% over the year. Considering that the shares of other major market players have changed uncritically, it is clear that Honor has pulled over most of Huawei’s customers.
Honor also became the only smartphone maker in China to post both quarterly and year-on-year growth. Including thanks to the popularity of the Honor 60 line. In annual terms, Honor showed an incredible growth of 167%, while the Chinese market as a whole fell by 14%.
As for the rest of the companies, the leaders in the face of Vivo and Oppo lost their shares, but Apple, on the contrary, increased. Realme also showed positive dynamics.
Source: ixbt
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