Oppo and Vivo are now the 4th and 5th largest smartphone manufacturers worldwide
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According to market analysts from TrendForce, 2016 saw nearly 1.36 billion smartphones shipped worldwide. Samsung's monstrous market share of 22.8 percent has once again outperformed Apple who held 15.3 percent as of the end of 2016. Chinese manufacturer Huawei is following closely behind in third place at 9.6 percent of the market.
Oppo and Vivo (BBK) are again at fourth and fifth place, respectively, as one of the world's largest smartphone manufacturers. Both Chinese manufacturers operate under Guangdong BBK Electronics Industry Co. Ltd. and have successfully knocked back Lenovo and LG out of the top 5 list.
Lenovo has slipped from fourth place all the way down to eighth according to TrendForce data from a market share of 5.4 percent in 2015 to 3.7 percent in 2016. LG has fallen from fifth place to sixth, although it actually increased in market share from 5.2 percent in 2015 to 5.5 percent in 2016 despite the lukewarm sales of its G5 flagship. Interestingly, Xiaomi has been unable to keep up and has dropped from sixth place to seventh with a market share from 5.2 percent in 2015 to 3.7 percent in 2016. TCL and ZTE bring up the rear in ninth place and tenth place, respectively.
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