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OnePlus Among Top 5 Android Phone Vendors Globally in Q2 2018: Counterpoint

OnePlus Among Top 5 Android Phone Vendors Globally in Q2 2018: Counterpoint 24k4x

By Indo-Asian News Service | Updated: 19 September 2018 18:42 IST

Highlights

OnePlus was one of the fastest growing brands in $400-600 price segment
smartphone segment grew faster than overall smartphone segment
segment s for one-fifth of the global smartphone market

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Driven by strong sales in India, China and the UK, Chinese smartphone maker OnePlus entered the top five Android Original Equipment Manufacturers (OEMs) globally, in the second quarter of 2018, said a report on Wednesday. r4t19

According to Hong Kong based Counterpoint Research's Market Monitor Q2 2018 report, OnePlus was one of the fastest growing brands in the $400-600 price segment as the global smartphone segment grew faster (+7 percent) than the overall smartphone segment (-1 percent) in the second quarter of 2018.

The segment, which consists of devices above $400, s for one-fifth of the global smartphone market.

"In India, it (OnePlus) sured Samsung to become the number one smartphone OEM during the quarter with a strong 40 percent market share. It was also amongst the top five smartphone OEMs in , , Italy, the Netherlands, Sweden and the UK on of strong initial sales of OnePlus 6," the market research firm said in a statement.

Around 40 OEMs compete in the smartphone segment worldwide, out of which the top five players for almost 88 percent of the sales.

Meanwhile, Cupertino-based Apple led the global smartphone segment and captured 43 percent share of the segment, followed by Samsung (with 24 percent) and Oppo (10 percent).

In the $800+ price segment, Apple dominated with 88 percent share during the second quarter.

"In the $600-$800 segment, Apple and Samsung alone contributed to 85 percent of shipments, while Huawei trailed by a big margin," Counterpoint added.

Sale of Apple and Samsung devices were driven by developed markets like the US, China, Japan, Korea and countries in western Europe.

"Samsung's share in the $600-800 price segment declined due to fewer than expected sales of the Galaxy S9 series," the research firm noted.

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