Oppo remains ahead of Huawei and Vivo in quarterly profits
According to market analysts from Counterpoint Technology and their periodic "Monthly Pulse" data, Oppo has been leading the biggest smartphone brands in China since the end of July. Like Vivo, Oppo also operates under the umbrella of BBK Electronics Corporation and the source claims that smartphone profits from the corporation have outpaced Huawei.
The worldwide smartphone market generated an operating profit of around $10.2 billion USD as of Q3 2016 or a drop of 19 percent compared to Q3 2015. A portion of the drop can be attributed to Samsung's "3 billion Dollar" Galaxy Note 7 disaster according to the same analysts.
The four largest Chinese smartphone manufacturers are Oppo, Huawei, Vivo, and Xiaomi with total operating profits of 1.1 billion USD between them. This accounts for just over 10 percent of the total earnings in the industry as both Samsung and Apple eat up most of the profits. Individually, Oppo holds 3.9 percent of sales profits versus 3.3 percent and 3.1 percent from Huawei and Vivo, respectively. Xiaomi is far behind at just 0.4 percent. Apple now holds an even larger piece of the profit pie at 87.3 percent compared to 81.2 percent in Q3 2015.
Working For Notebookcheck
Are you a techie who knows how to write? Then join our Team! Especially English native speakers welcome!
News and Editorial Editor - Details here
Top 10 Smartphones
Smartphones, Phablets, ≤5-inch, Camera SmartphonesNotebookcheck's Top 10 Smartphones under 160 Euros