With the holiday season being right around the corner, a new report regarding the state of the global smartphone market has revealed some interesting details. Despite the initial impact of the Coronavirus pandemic, Xiaomi has seen impressive growth year on year in Q3 2020, while Huawei has faced a sizeable decline during the same period.
According to a Gartner report, the overall smartphone market saw a decline of 5.7 percent year on year from back in 2019. This brought total smartphone shipments down to 366 million units, although, it is still a recovery from the first half of this year. The primary reason for the initial slump was the COVID-19 outbreak, but its impacts can still be left in the third quarter. The report revealed that Samsung still lead the market followed by Huawei, but Apple was overtaken by Xiaomi for the third spot.
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The South Korean tech giant saw a negligible growth of 2.2 percent in this quarter over 2019 but the most notable jump in numbers was from Xiaomi, with a 34.9 percent increase in handset shipments. Xiaomi shipped over 44 million units in this quarter over 32 million from back in 2019. Another Chinese OEM, Oppo, rounded the top 5 smartphone manufacturers also a minimal decline of 2.3 percent.
The decline in Huawei was rather expected considering its current situation with the US government. The company faced reinforced sanctions a couple of months prior, which caused a disrupt in its supply chain. As per Anshul Gupta, senior research director at Gartner, “For the first time this year, smartphone sales to end users in three of the top five markets i.e., India, Indonesia and Brazil increased, growing 9.3%, 8.5% and 3.3%, respectively.” He further added that “Consumers are limiting their discretionary spend even as some lockdown conditions have started to improve.”
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