Current status of the mobile phone market in October: Xiaomi Mi 14 series is hot, with orders exceeding one million and market value soaring by US$20 billion

Data on November 15th showed that Huawei’s mobile phone sales increased by 83% year-on-year in October, showing extraordinary market performance. This success is mainly due to the strong promotion of the Mate 60 series. At the same time, Xiaomi has also achieved good results. Its mobile phone sales have increased by 33% compared with the same period last year, and the newly released Xiaomi 14 has achieved very outstanding sales results

According to the editor’s understanding, Huawei’s Mate 60 series has become a sales highlight. Its excellent performance and eye-catching new product marketing strategy make it stand out in the market. In addition, the Xiaomi Mi 14 series has received more than 1 million orders since its launch at the end of October, enabling Xiaomi to achieve significant growth in market value, adding approximately US$20 billion since the low in June this year

Analysts pointed out that Huawei's success not only stems from the successful promotion of new products, but also benefits from its emphasis on "Made in China" chips. Mate The success of the 60 series not only turned losses into profits, but also marked Huawei's great progress in the market.

In the fierce competition in China’s mobile phone market, Apple faces tremendous pressure from local mobile phone manufacturers. iPhone Domestic sales of the 15 series are sluggish, forcing Apple to continue cutting prices to maintain market share. The strong rise of Chinese mobile phone manufacturers has had a profound impact on the entire industry structure, indicating that competition will become more intense in the future.

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