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Market research firm International Data Corporation today revealed the smartphone market share information for Q1 2024. According to the report,The Chinese market alone sold 69.26 million smartphones in the first quarter of the running year. This is a 6.5% year-on-year increase in smartphone sales in the country.
Honor achieved a market share of 17.1%, which is a year-on-year increase of 13.2%. The foldable devices and the Honor Magic 6 have reportedly placed the brand as one of the competitors of the big giants.series in August last year. In Q1 2024, Huawei has almost matched Honor with a market share of 17%, which is very close as to the 17.1%. The company has achieved a year-on-year growth of an astonishing 110%.
Speaking of Apple specifically, the company has been adjusting its prices looking at the current scenario in the market. However, IDC notes that it could face increasing competition from some of the other OEMs in the country.Lenovo Legion Y700 2024: Latest Gaming Tablet with Enhanced Display now available at GiztopGizmochina brings you the best of Chinese Tech from emerging smartphone companies, innovative startups, to crazy smart home products and revolutionary technologies.
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