SHANGHAI/SINGAPORE (Reuters) – Chinese language smartphone maker Xiaomi Corp grabbed market share in China and Europe within the September quarter as rival Huawei Applied sciences’ dominance slipped because of U.S. sanctions, market information confirmed.
Xiaomi took third spot on the worldwide leaderboard. It offered 47.1 million handsets within the third quarter, a forty five% surge from a yr earlier, based on market analysis agency Canalys.
The worldwide smartphone market contracted 1% year-on-year in July-September with shipments all the way down to 348 million items, however rose 22% from the pandemic-pummeled second quarter.
Samsung Electronics Co Ltd regained the highest spot, helped by gross sales in India, the place Chinese language manufacturers suffered because of political tensions.
Huawei slipped to quantity two globally, and Apple, which solely launched the brand new iPhone earlier this month, took the quantity 4 spot within the September quarter.
Nonetheless, the iPhone 11 was the quarter’s best-selling cellphone in China regardless of having no 5G know-how, market analysis agency Counterpoint mentioned in a be aware on Thursday.
The iPhone 12 launch timing drove down Apple’s gross sales in Larger China by 29% within the September quarter, the corporate mentioned on Thursday. It expects to return to development in China within the present quarter.
In China, Xiaomi was the one model that recorded development, based on Counterpoint, with gross sales up 8% year-on-year. The general Chinese language smartphone market continued to shrink, with shipments falling 14%.
“Xiaomi executed with aggression to grab shipments from Huawei,” Canalys analyst Mo Jia mentioned in a be aware on Friday. In Europe, Huawei’s shipments slumped by 1 / 4 whereas Xiaomi’s jumped 88%, he mentioned.
“Xiaomi took a threat setting excessive manufacturing targets, however this transfer paid off when it was capable of fill channels in Q3 with high-volume gadgets, such because the Redmi 9 sequence.”
Huawei’s future is unsure as restrictions imposed on the corporate by the U.S. crimp its provide of chips.
Richard Yu, CEO of Huawei’s client enterprise, has mentioned the agency would now not be capable to produce its high-end line of Kirin chipsets beginning September.
Reporting by Josh Horwitz and Sayantani Ghosh; Modifying by Nick Tattersall and Stephen Coates