As the holidays approach, a new report on the state of the global smartphone market reveals some interesting details. Despite the initial impact of the coronavirus pandemic, Xiaomi’s year-on-year growth in the third quarter of 2020 was impressive, while Huawei faced a sharp decline during the same period.
According to Gartner’s report, the entire smartphone market has dropped 5.7% year-on-year compared with 2019.
This reduced the total shipments of smartphones to 366 million units, although it is still recovering compared to the first half of this year.
The main reason for the initial plunge was the COVID-19 outbreak, but its impact can still be retained in the third quarter. The report shows that Samsung is still ahead of Huawei, following closely behind, but Xiaomi surpassed Apple in third place.
The South Korean tech giant increased 2.2% this quarter over 2019, which is almost negligible, but the most obvious digital increase is Xiaomi, with a 34.9% increase in mobile phone shipments.
Xiaomi shipped more than 44 million units this quarter, an increase of 32 million units from 2019. Another Chinese OEM manufacturer Oppo’s top 5 smartphone manufacturers also fell slightly by 2.3%.
Considering Huawei’s current relationship with the US government, Huawei’s decline can be expected.
The company faced increased sanctions a few months ago, which led to a disruption in its supply chain. According to Gartner Senior Research Director Anshul Gupta: “In the five largest markets of India, Indonesia and Brazil, the sales of smartphones for end users have increased for the first time this year, increasing by 9.3%, 8.5% and 3.3% respectively. , Respectively.”
He further added: “Even if certain lock-in conditions have begun to improve, consumers are still restricting their disposable spending.”