Oppo and Vivo are now top 5 smartphone makers
The smartphone market seems to have reached its peak globally, but while some vendors are doing great, big names like Apple are facing serious problems. However, Apple had no trouble in keeping its second place as a smartphone vendor, but the last two positions in the top 5 have just changed. Lenovo and Xiaomi have both fallen from the top 5, being replaced by another two Chinese companies, namely Oppo and Vivo.
A recent report from IDC shows that the global smartphone market grew by just 0.2 percent in the first quarter of 2016 when compared to the same period of 2015. Samsung maintained the leading place, but its shipments dropped by 0.6 percent. Apple took a 16.3 percent plunge but is still holding the second position. On the other hand, Huawei reported an impressive growth of 58.4 percent. Although Oppo is now holding the fourth place, they had the most impressive growth in the first quarter - no less than 153.2 percent when compared to Q1 2015. At last, Chinese smartphone maker Vivo now holds the fifth position - they shipped 14.3 million units in Q1 2016, 123.8 percent more than in Q1 2015.
The global smartphone market accounted for 334.9 million units during the first quarter of 2016.