According to a recent study, Honor has surpassed Samsung as China’s third largest smartphone manufacturer. In the Chinese market, the brand has surpassed industry heavyweights like as Apple and Xiaomi to claim the top three spots.
As per ChinaDaily, a CINNO Research survey revealed that Chinese smartphone companies Oppo and Vivo ranked top and second in the Chinese smartphone market, with sales of 5.6 million and 5.3 million units, respectively.
Xiaomi finished in fourth place with 3.9 million devices delivered, while Apple came in fifth place with 3 million units shipped.
Honor, on the other hand, placed third in its native country’s smartphone market, despite initially experiencing supply difficulties after its previous parent firm, Huawei, sold it.
The firm has just a 3% market share in China after gaining total independence. However, the company has subsequently been able to secure and maintain its supply chain, allowing it to expand.
Honor just released the Magic 3 series of smartphones, marking the company’s foray into the high-end luxury smartphone market. Moreover, according to the CINNO Research report, the market grew steadily last month, with shipments increasing by 28.6% year over year to 26.68 million units.
Importantly, 5G-enabled smartphones were the primary driver of this significant increase in shipments. 5G devices alone sold 22.83 million units, accounting for 79.6% of total sales.
MediaTek grew by a staggering 118.3 percent year on year at this period, delivering over 10.2 million chips in July 2021. Qualcomm remained in top place, while Huawei HiSilicon suffered a 70 percent drop in sales.