Agency: Q2 Latin American smartphone market grew by 20%, Xiaomi jumped to second place for the first time

According to data released by Canalys today, in the second quarter of 2024, the Latin American smartphone market grew by 20%. Xiaomi ranked second in the Latin American market for the first time, with shipments reaching 6.2 million units, an increase of 35%. %.

In the second quarter of 2024, the Latin American smartphone market has achieved double-digit growth for four consecutive quarters:

1. Shipments increased to 33.5 million units, a year-on-year increase of 20%.
2. The market share of the price segment below US$200 hit a new high since the second quarter of 2021, driving this growth.

In terms of brands:

1. SamsungWith the A series, it continues to maintain its leading position in the market, with a year-on-year growth of 9%, and shipments increased to 10.2 million units.
2. Xiaomi ranked second for the first time, with shipments reaching 6.2 million units, an increase of 35%, setting a record for shipments in the region.
3. Motorola ranked third with shipments of 5.7 million units.
4. Transsion and Honor ranked among the top five, with growth rates of 52% and 47% respectively, with shipments of 3.2 million units and 1.7 million units respectively. fenye

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