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Oppo and Vivo crack the top 5 list of world's largest smartphone manufacturers

Oppo and Vivo crack the top 5 list of world's largest smartphone manufacturers
Oppo and Vivo crack the top 5 list of world's largest smartphone manufacturers
Meanwhile, smartphone shipments as of Q1 2016 are up just two-tenths of a percentage compared to Q1 2015.

Worldwide shipments of smartphones have been relatively steady YoY according to IDC with a growth rate of just 0.2 percent from 334.4 million units in Q1 2015 to 334.9 million units as of Q1 2016. The stagnant numbers are being blamed on market saturation in developed markets where Apple and Samsung devices are ubiquitous. Nonetheless, even these heavy hitters are selling fewer units this year compared to the same period last year.

IDC has also updated its list of the world's largest smartphone manufacturers and it reveals a few surprises. Notably, the Chinese companies Oppo and Vivo are now in the top 5 ranking with tremendous YoY growth rates to knock both Lenovo and Xiaomi out of the list. Oppo and Vivo control 5.5 percent and 4.3 percent of the smartphone market share, respectively.

As for the other top smartphone manufacturers, Huawei is now even bigger with an estimated YoY growth rate of 58.4 percent to control 8.2 percent of the smartphone market in terms of units shipped. While the Chinese company has solidified its position in third place, it still has a long ways to go to catch up to Apple's 15.3 percent market share.

Gartner recently predicted that the smartphone market will grow by just 7 percent by the end of 2016. Like IDC, its ranking of the top five smartphone manufacturers reveals similar figures.

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> Notebook / Laptop Reviews and News > News > News Archive > Newsarchive 2016 04 > Oppo and Vivo crack the top 5 list of world's largest smartphone manufacturers
Ronald Tiefenthäler/ Allen Ngo, 2016-04-30 (Update: 2016-05- 1)
Allen Ngo
Allen Ngo - US Editor in Chief
After graduating with a B.S. in environmental hydrodynamics from the University of California, I studied reactor physics to become licensed by the U.S. NRC to operate nuclear reactors. There's a striking level of appreciation you gain for everyday consumer electronics after working with modern nuclear reactivity systems astonishingly powered by computers from the 80s. When I'm not managing day-to-day activities and US review articles on Notebookcheck, you can catch me following the eSports scene and the latest gaming news.