Xiaomi Enters Top 3 Smartphone Vendors in 3Q20

Xiaomi Enters Top 3 Smartphone Vendors in 3Q20
Xiaomi

In the third quarter of 2020, worldwide smartphone shipments reached 348.0 million units, at a 1% decline year on year, according to Canalys. But they were up 22% on the previous quarter.

Samsung regained the lead, up 2% to 80.2 million units. Huawei slipped into second place with a 23% fall to 51.7 million units. Xiaomi took third place for the first time, reaching 47.1 million units with 45% growth. Apple, which had no flagship iPhone launch in September, shipped 43.2 million, down 1%, while Vivo completed the top five, shipping 31.8 million units.

Oppo came sixth, with 31.1 million units, while its sister brand Realme moved into seventh, its highest ever position, with 15.1 million units. Lenovo reported 10.2 million units, as it finally caught up with orders delayed due to disruption at its Wuhan factory, and Transsion shipped 8.4 million units as recovery started in its key African markets.

“Xiaomi executed with aggression to seize shipments from Huawei,“ said analyst Mo Jia. “There was symmetry in Q3, as Xiaomi added 14.5 million units and Huawei lost 15.1 million. In Europe, a key battleground, Huawei’s shipments fell 25%, while Xiaomi’s grew 88%. The vendor invested to bring in local expertise to gain the trust of distributors and carriers.“

“Samsung suffered in Q2 due to its dependence on offline retail, but Q3 saw a major recovery,“ said Canalys Analyst Shengtao Jin. “Its momentum was fueled by three key factors. Firstly, in many regions it saw pent-up demand from Q2 spill over into Q3. Secondly, it regained second place in India, as its Korean brand was shielded from anti-Chinese sentiment. Thirdly, Samsung ramped up its launches of low-to-mid-range devices, and introduced other incentives, such as discounts and free online deliveries, to stimulate demand.“