Huawei lost to Honor – VnExpress Digitalization
Honor company has overtaken Huawei to rise to fourth place in the Chinese smartphone market after more than a year of going out on its own.
According to Counterpoint data in the first quarter of 2022, Honor became the fourth largest phone manufacturer in China with 16.9% market share, up 166.8% year-on-year in 2021. During the same period, the growth rate of Huawei decreased by 64.2%, bringing its market share from 15% to 6.2%.
Honor used to be a subsidiary of Huawei. Image: IXBT
Honor was formerly a subsidiary specializing in mid-range and low-cost smartphones of Huawei. Job separated from parent company by the end of 2022 to help them operate independently, not subject to the effects of the US government’s ban. Meanwhile, by not using American technology, Huawei has gone downhill rapidly since being placed on the entity list in May 2019.
Honor phones, such as Honor 60, 60 Pro and 60 SE, are also well received by Chinese users thanks to their beautiful design, strong configuration, and good price.
China’s smartphone market share in the first quarter of 2021 compared to the first quarter of 2022. The source: Counterpoint
In November 2020, Huawei founder Nham Chinh Phi believe Honor will be able to beat the parent company once it’s sold. “Become the strongest competitor, surpass Huawei, and even use defeating Huawei as your motivation,” Ren said at the time.
Except for Honor, only Apple achieved growth in the Chinese market in the last quarter with a market share of 14.7% to 17.9%, thanks to high sales of the iPhone 13 series. Oppo has left the leading position and ceded to place for Vivo. Meanwhile, Xiaomi ranked 5th, and Huawei ranked 6th.
Overall, 74.2 million smartphones were shipped in China in the first three months of the year, down 14% year-on-year.
Nhu Phuc (according to GizChina)
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