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Canalys: Honor is the third-biggest smartphone maker in China for Q3 2021

Honor is now a Top 3 smartphone manufacturer in China, Canalys revealed in its latest report. According to the research agency’s data for Q3, the newly independent company brought over Huawei users, and managed to ship 25% more phones than it did before it was separated. The top two spots remain occupied by vivo and Oppo, but the former Huawei sidekick is now closer than ever to their spots.

Q3 ’21 shipments
(in million)
Q3 ’21
Market share
Q3 ’20 shipments
(in million)
Q3 ’20
Market share
Annual change
vivo 18.3 23% 15.3 18% 19%
Oppo 16.5 21% 13.9 17% 19%
Honor 14.2 18% 11.3 14% 25%
Xiaomi 10.9 14% 10.5 13% 4%
Apple 8.3 11% 5.1 6% 62%
Others 10.7 14% 26.9 32% -60%
Total 78.8 100% 83.0 100% -5%

Apple was the biggest gainer in Q3 compared to last year with the relatively unchanged prices of the iPhone 13 series boosting both its net shipments and its marker share. One of every nine phones, sold between June and September, is an iPhone.

Canalys: Honor is the third-biggest smartphone maker in China for Q3 2021

The market as a whole declined though with makers outside the big 5 losing more than half of their shipments compared to the same period of last year. The total sales amounted to 78.8 million, down 5% YoY.

Canalys: Honor is the third-biggest smartphone maker in China for Q3 2021

Expectations for the Chinese market going forward are not great, Canalys says. Companies are plagued by chipset shortages, as well as other supply chain issues, so it would be really hard “to carve out additional volume and revenue from an already saturated market.”


Author: Yordan
Source: GSMArena

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