Huawei, Honor, and other shipment targets have increased by more than 70 million units, accounting for 5% of the global market.

Huawei and Honor see significant growth, with over 70 million units shipped and 5% of the global market share.

【Mobile China News】On December 13th, supply chain sources revealed that Huawei, Honor, and Transsion are optimistic about the smartphone shipment target for 2024. Preliminary estimates suggest that these three companies will add a total of 70 to 80 million phones, accounting for approximately 5% of the global smartphone market. According to Mobile China, this growth trend is expected to continue in 2024 and may drive up the prices of storage chips.

Huawei

An earlier report released by Canalys, an analysis agency, showed that the shipment volume of the Chinese smartphone market had declined for two consecutive quarters in the third quarter of 2023, with a year-on-year decline of 5%, reaching 66.7 million units. However, from the data of various manufacturers, the competition in the market remains fierce.

Honor, with its competitive products and channels, reclaimed the first place with an 18% market share and shipped 11.8 million units. Following closely is OPPO (including OnePlus), with a shipment volume of 10.9 million units, ranking second. Apple, leveraging the popularity of new models, ranked third with a shipment volume of 10.6 million units. vivo adopted a cautious shipment strategy and ranked fourth with a 16% market share. Xiaomi’s market share slightly increased to 14% on a month-on-month basis, maintaining the fifth position. In addition, Huawei’s market share has continued to rise gradually and is approaching the top manufacturers, thanks to the successful release of the new Mate series.

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Honor Phone

Media analysis suggests that the positive shipment targets of Huawei, Honor, and Transsion indicate that the competition in the global smartphone market will become more intense. For consumers, this may mean they will have more new phone choices, but they may also face higher prices.

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