Canalys: In Q2, local manufacturers occupied the top five positions in the mainland mobile phone market for the first time

Canalys report shows that in the second quarter of 2024, mainland China’s smartphone market achieved further recovery after experiencing an inflection point in the previous quarter, with shipments increasing by 10% year-on-year and returning to the level of 70 million units. In addition, local Chinese manufacturers occupied the top five seats for the first time.

Vivo's shipments increased by 15% year-on-year, returning to the top of the Chinese market. With its solid offline channels and capturing the "618" e-commerce demand, shipments reached 13.1 million units, with a market share of 19% . With the release of the new Reno 12 series, OPPO firmly occupied the second place with shipments of 11.3 million units.

Honor released the new 200 series, ranking third with shipments of 10.7 million units, a year-on-year increase of 4%. After Huawei experienced a brilliant performance in the last quarter, its growth rate slowed down slightly, ranking fourth with shipments of 10.6 million units.

Xiaomi boosted brand exposure with the launch of the SU7 car, and its Redmi K70 series and Mi 14 series continued to maintain strong momentum, returning to the top five with 10 million units shipped and 17% year-on-year growth.

Apple’s shipment ranking dropped to sixth, with its market share slightly declining by 2% year-on-year, accounting for 14% of the market.

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