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The Company studied Counterpoint sale at online smartphone market in China in the first quarter of this year, reporting that they declined to 24% from 28% in the fourth quarter of 2018. Compared to the first quarter of last year, sales decreased by 8%.
In the first quarter of 2019, the share of the six leading brands (Honor, Xiaomi, Huawei, Apple, Vivo and Oppo) accounted for 84% of the online market. Honor retained the title of best selling brand of smartphones (through online) in China, occupying 24% of the market.
In the first quarter, the share of Huawei in the online market has increased, as the company seeks to strengthen its online channel on the background of a General slowdown of the market. The Honor brand has increased its presence in retail outlets.
the Share of the online market, Xiaomi has increased in the first quarter due to high demand for Redmi Note 7, which arose at a time when other major manufacturers were not new products. Redmi Note 7 was the first model of the Redmi after separation of the brand, offering excellent features at an affordable price.
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