How Huawei and Xiaomi grew smartphone business in a tough market?

Gartner on smartphone market 2017The recent Gartner report highlighted that both Huawei and Xiaomi, two Chinese device brands, grew their smartphone business in a tough market.

Huawei has achieved an increase of 7.6 percent and Xiaomi 79 percent in global smartphone sales and grew market share in the fourth quarter.

Huawei’s smartphone growth was driven by additions including Mate 10 Lite, Honor 6C Pro and Enjoy 7S.

ALSO READ: Latest news from Mobile World Congress 2018

Xiaomi’s smartphones, consisting of its Mi and Redmi models, helped accelerate its growth in the emerging Asia Pacific market. It also helped Xiaomi win back lost share in China.
Gartner on smartphone market Q4 2017Gartner analyst Anshul Gupta said that future growth opportunities for Huawei will reside in winning market share in emerging APAC and the U.S. Huawei is facing tough market conditions in the US due to perception related to security issues. Huawei needs to win telecom operator deals to penetrate in the U.S.

The report said Xiaomi’s biggest market outside China is India. The new brand will shine in India and achieve high growth. The other strategy of Xiaomi should be in increasing sales in Indonesia and other developing telecom markets in emerging APAC in order to position it as a strong global brand.

Smartphone sales rose 2.7 percent to over 1.5 billion units in 2017. Smartphone sales dipped 5.6 percent to nearly 408 million units in the fourth quarter of 2017.

Samsung will rely on its next flagship devices which will be unveiled at the Mobile World Congress 2018.

The success of these new phones will determine the growth in profit and average selling price of Samsung devices.

Apple faced challenges due to the later availability of iPhone X that led to slow upgrades to iPhone 8 and 8 Plus. Component shortages and manufacturing capacity constraints preceded a long delivery cycle for the iPhone X. iPhone X will bring a delayed sales boost for Apple in the first quarter of 2018, Gartner said.

0 0 votes
Article Rating
Subscribe
Notify of
guest
0 Comments
Oldest
Newest Most Voted

Latest

More like this
Related

Global Wearable Band Shipments Fall 2% as Garmin Gains and AI Health Devices Expand

Global wearable band shipments declined 2 percent year over...

Google Unveils Pixel 11 Series with Tensor G6, Gemini AI, Pixel Watch 5 and Pixel Tag

Google has expanded its hardware portfolio at the Made...

Google Pixel 11 Launch: Prices Start at ₹89,999 as Tensor G6, Gemini AI and 120x Zoom Lead Upgrades

Google has launched the Pixel 11 smartphone series in...

Middle East Smartphone Market Drops 19% as Premium Devices Lift ASP to Record $448

Samsung has strengthened its leadership in the Middle East...