According to news on August 11, the market research organization Counterpoint recently held the theme salon of "Counterpoint Industry Dialogue: Insights into China's Market Rise Cycle" in Shenzhen. According to the latest industry data released at the meeting, China's smartphone sales increased by 4% year-on-year in the first half of this year, and full-year sales are expected to rise to more than 270 million units.
China’s smartphone market share in Q2 20241. Vivo performed well, with sales in the first half of the year increasing by 5% year-on-year, higher than the industry average, and it has consistently ranked first in the market for 6 months. This is the third consecutive year that vivo has won the domestic mobile phone market share championship and continues to dominate the list.
2. While achieving sales growth, vivo’s share in the high-end market has also increased significantly, with the vivo X100 series performing well in the price range of 4,000-6,000 yuan. In the second quarter, vivo X Fold3 ranked second in sales in China’s folding screen market.
3. Cheng Gang, vice president of vivo and president of vivo China, said:
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