The fastest-growing smartphone manufacturer in the quarter was China’s Transsion which has been showing huge gains for months. The company sells its phones in Africa, the Middle East, Southeast Asia, South Asia, and Latin America. For the quarter, its shipments soared a leading 84.9% to 28.5 million phones leaving it with a global market share just shy of 10%.
Samsung takes the top spot in IDC’s global Q1 2024 global smartphone report
Having delivered 25.2 million phones in Q1, Oppo was the fifth-largest smartphone manufacturer for the period. That is a year-over-year decline of 8.5% in shipments and Oppo ended the quarter with an 8.7% global market share.
He added, “While IDC expects these two companies to maintain their hold on the high end of the market, the resurgence of Huawei in China, as well as notable gains from Xiaomi, Transsion, OPPO/OnePlus, and vivo will likely have both OEMs looking for areas to expand and diversify. As the recovery progresses, we’re likely to see the top companies gain share as the smaller brands struggle for positioning.”