Taipei, Thursday, May 02, 2024, 18:25

News

Xiaomi and Huawei Verging on Samsung as Chinese Smartphone Brands Growing

Published: Feb 09,2015

According to TrendForce, the shipments of Chinese brand smartphones reached a new high in 2014 with a total shipment of 453 million units, which translated to an annual growth of 54.8% and accounted for nearly 40% of the worldwide shipments. The formidable rise of Chinese brands was an important development of the year.

More on This

Market for Automotive SiC Power Components to Exceed US$1B in 2022

According to TrendForce research, as more and more automakers begin to introduce SiC technology into electric drive systems...

Market Value of Micro LEDs for AR Glasses Forecast to Reach US$41M

According to TrendForce's latest Micro LED research report, among many Micro LED display applications, Micro LED microdi...

Based on AVANTI’s findings, in 2014 Samsung managed to retain its leading position among the Chinese consumers in terms of brand image, visibility, appeal, and user percentage, but there were noticeable slides from the third to fourth quarter. Samsung’s brand appeal had already been surpassed by Apple’s iPhone in the first quarter in 2014 and stayed in the second place since then.

On the other hand, Apple’s user percentage growth became more significant in the fourth quarter when iPhone6/6 Plus was launched, putting the pressure on the declining Samsung.

Compared with its Chinese competitors, iPhone has greater brand loyalty than them, but the growth of its brand loyalty in 2014 was far smaller than the Chinese brands and showed signs of slowdown. In 2014, Chinese brands Xiaomi and Huawei experienced steady growths in both image and visibility in the domestic market. Xiaomi even managed to best Samsung in the brand loyalty rankings for the fourth quarter, taking the second place.

TrendForce’s smartphone analyst Henry Chung said with domestic telecom companies cutting subsidies since the second half of 2014 and with the influence of 3G/4G device upgrade cycle, Chinese brands are looking at rising inventory level and weaker sales in China market.

The current inventory level adjustment process in the entire supply chain is expected to last through the first quarter of 2015. If the excess inventory is effectively cleared, steady quarterly growth will resume in the second quarter at the earliest. TrendForce projects that Chinese brand smartphone shipments worldwide are estimated to reach 531 million units with an annual growth of 17.2% in 2015.

While the projected growth pales in comparison with the above 50% growth in 2014, Chinese brands are likely to represent six of the 2015 top ten smartphone makers in terms of shipments.

CTIMES loves to interact with the global technology related companies and individuals, you can deliver your products information or share industrial intelligence. Please email us to en@ctimes.com.tw

1239 viewed

Most Popular

comments powered by Disqus