No 5G, No Problem: Huawei is the Fastest Growing Smartphone Brand in China with 58% Growth in Q2 2023


After a challenging two-year period, Huawei has finally experienced some positive growth in its smartphone sales. The Q2 2023 smartphone market results indicate that Huawei’s device sales have shown an increase. On the other hand, other competitors’ sales have declined during the same period.

Counterpoint Research data reveals that Huawei emerged as the leading contributor to quarterly growth in Q2 2023. The company achieved an impressive 58% quarter-over-quarter growth compared to the previous year. Huawei’s impressive growth rate signifies a notable rebound from previous challenges in the smartphone market.

In Q2 2023, Huawei, Apple, and Realme were the only smartphone companies that achieved year-over-year (YoY) sales growth among all the competitors. On the other hand, Xiaomi, Honor, Oppo, and Vivo faced a significant decline in their sales during the same period. This indicates a mixed performance in the smartphone market, with some companies experiencing growth while others encountered challenges and a decline in sales.

In Q2 2023, Vivo secured the top position in the smartphone market with a 17.7% market share. This achievement was driven by the successful sales of their Y35 series, Y8 series, and S17 series smartphones.

OPPO (including OnePlus) and Apple were tied in the second position, with each company capturing a 17.2% market share during the same quarter. This shows a highly competitive market with these two companies holding a similar share of the smartphone market.

Huawei’s Brand Image Plays a Role in its Recent Growth Huawei Growth

The recent positive growth numbers for Huawei in the smartphone market are attributed to the company’s regular launch events and adherence to a normal schedule. Huawei is leveraging its well-established brand image and extensive offline sales channels throughout the country to increase product sales to consumers. By capitalizing on these strategies, Huawei has been able to regain momentum and achieved significant growth in the market.

“Leveraging its well-established brand image and strong offline footprint, especially in top-tier cities, Huawei witnessed a surge in sales after resolving its product shortages.” Counterpoint wrote.

Despite facing numerous challenges, Huawei managed to achieve substantial growth in smartphone sales. However, there is still anticipation for further improvements in the market statistics of the Chinese tech giant by the end of this year. As the company continues to navigate the competitive landscape and adapt to changing market conditions. Its performance in the coming months will be under close watch to gauge its overall progress and success.

Despite Huawei’s Growth, Overall Smartphone Sales in China Declined Huawei Growth

On the contrary, the overall smartphone sales in China experienced a 4% year-over-year (YoY) decline in Q2 2023. The sales showed a continuous decline in April and May. However, the 618-e-commerce festival in June provided a boost. This helped to mitigate the overall decline in smartphone sales for the quarter. Despite the challenges faced by the Chinese smartphone market, the festival’s impact offered a positive outcome for the industry during that particular month.

Source/VIA :
Previous Why you should never choose a smartphone with less than 256GB of storage
Next Apple Finally Approves New 'X' Name for Twitter iOS App

4 Comments

  1. August 1, 2023

    Go Huawei!! Show everyone that one can survive and thrive without reliance on the US! No tech company or ANY company should be used as a pawn in anti-competitive behaviour!

  2. August 1, 2023

    hope that 5G with SMIC will arrive with Mate 60 series this autumn.

  3. August 12, 2023

    Hello Everyone. I want to give major thanks to Hacker Judas for recovering my stolen cryptocurrency. I was involved in a Ponzi Scheme where my total investment to the platform was $89,450 and a scammer by the name Cole Vincent stole all invested money. I came across Judas and told him of my problem and he assured me that my funds would be recovered and he delivered on his promise. A great big thanks to Judas, your simplicity and competence can’t be overemphasized. Thank you once again, Contact Judas for all related problems.

    TELEGRAM: JUDAS012

    EMAIL : hackerjudas9@gmail.com

    INSTAGRAM: hacker judas 

  4. August 12, 2023

    Hello Everyone. I want to give major thanks to Hacker Judas for recovering my stolen cryptocurrency. I was involved in a Ponzi Scheme where my total investment to the platform was $89,450 and a scammer by the name Cole Vincent stole all invested money. I came across Judas and told him of my problem and he assured me that my funds would be recovered and he delivered on his promise. A great big thanks to Judas, your simplicity and competence can’t be overemphasized. Thank you once again, Contact Judas for all related problems.

    TELEGRAM: JUDAS012

    EMAIL : hackerjudas9@gmail.com

    INSTAGRAM: hacker judas