Per the analytics firm, global smartphone sales contracted 5.7 percent year-over-year to 366 million units in Q3 2020. This is actually good news, given that the last two quarters had seen a decline of 20 percent.
With 51.8 million units shipped, Huawei was the second-largest seller. The company lost a substantial percentage of sales, presumably because of the restrictions imposed by the US.
Xiaomi benefited greatly from Huawei’s losses
And lastly, with sales of 29.9 million units, Chinese company OPPO also secured a place in the top five.
Overall, the market seems to be recovering, thanks to pent-up demand from earlier quarters and the improvements on the supply side. That said, a new coronavirus wave could be upon us, and we will have to wait and see if the recovery continues into Q4.
Written by Anam Hamid.
View the original article at here.
PhoneArena – News