Honor sales in China soared by 100% - the company has already bypassed Xiaomi, OPPO, vivo and is catching up with Apple

By: Maksim Panasovskyi | 18.02.2022, 10:09
Honor sales in China soared by 100% - the company has already bypassed Xiaomi, OPPO, vivo and is catching up with Apple

Honor had a strong end of 2021 in the home market, despite an overall 11 percent drawdown. According to the results of the fourth quarter, it came out on the second place in the list of the largest suppliers of smartphones.

What is known

Compared to the last quarter of 2020, Honor's shipments increased by 100%, placing it in second place in the market. The share of the brand, according to the analytical agency Counterpoint Research, increased from 7.5% to 16.7%.

Honor was second only to Apple, which increased its shipments by 13% and its share from 17.1% to 21.7%. OPPO's 14% drop sent the ex-market leader to third place. The share decreased from 17.3% to 16.6%. Vivo breathes in the back, controlling 16.5% of the market against 17% in the base period. She also shipped 14% fewer smartphones in the last three months of 2021 than in the same period in 2020.

Top 5 closes Xiaomi. Despite the 15% growth, it lost one position. This is due to the breakthrough of Honor. Xiaomi controlled 16.1% of the market in the reporting period. A year ago, the share was 12.5%. All other manufacturers in total supplied 12.4% (it was 28.6%) of smartphones.

A source: Counterpoint Research