Technology giant HUAWEI recorded a strong third quarter to further solidify its status as one of the top mobile makers in China.
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File photo: HUAWEI flagship store in Shenzhen, China |
HUAWEI's strong Q3 2024
The company posted a 42 percent surge in Q3 2024 to claim the third place with 15.3 percent of the market share. This is equivalent to a 4.2 percentage points gain.
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HUAWEI Mate XT's display |
This is the brand's fourth consecutive quarter with a double-digit growth. It's an impressive comeback despite US restrictions. Its launch of the world's first tri-foldable phone with its self-developed chip (HUAWEI Mate XT Ultimate Design) is expected to further drive the foldable market development.
HUAWEI is inching closer to Apple (15.6 percent of the market share) for the number 2 spot.
Apple re-entered the top 5 thanks to the launch of the new iPhone 16 Series. The launch of Apple Intelligence is expected to drive future demand as well.
Other brands in the top 5 include vivo, Apple. Xiaomi, and HONOR.
Notable brands like OPPO, OnePlus, realme, and more are probably in the "Others" segment.
China Smartphone Market, Top 5 Company Market Share
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Data from IDC |
- vivo - 18.6 percent
- Apple - 15.6 percent
- HUAWEI - 15.3 percent
- Xiaomi - 14.8 percent
- HONOR - 14.6 percent
- Others - 21.1 percent
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