OPPO secures first place in China and fourth place in global smartphone shipments in H1 2023 following the success of Find N2 Flip

 


 

Boosted by the strong performance of its Find N2 series and Find X6 series flagship smartphones, OPPO ranks first in the Chinese smartphone market in H1 2023 and fourth globally during the same period.

 

According to data from Canalys, OPPO held a 10% share of the global smartphone market in H1, with 51.9 million shipments, and an 18% share of the China smartphone market in H1 2023, making it the best-selling brand in China during the first half of the year.

 

OPPO’s performance has been driven in part by the success of foldable smartphones, which have entered a period of rapid growth this year and continue to show significant upside potential. Counterpoint Research estimates that global shipments of foldable smartphones are expected to grow at a 114% compound annual growth rate from 2019 to 2025, increasing four-fold between 2022 and 2025 to reach 55 million units. Chinese OEMs, including OPPO, have been quick to embrace the foldable market, contributing to China's emergence as the global leader with a 26% share of the market in 2022.

 

 

New data from Canalys also shows that OPPO held a dominant 31% share of the foldable market in China during Q1 2023, making it the leader in the growing segment. At the product level, the OPPO Find N2 Flip outperformed all other foldable products to make up 15% of foldable smartphone sales in China from January to May 2023, according to Counterpoint. As the first vertical flip phone to introduce a larger cover screen, the Find N2 Flip is crafted for practicality and enjoyment for daily use, featuring a less-visible crease, a powerful battery, and an intuitive UI design alongside other industry-leading innovations. These innovations and the commercial success of the Find N2 Flip have also helped OPPO to outperform the global foldable market this year, where its market share has increased from 5% in Q1 2022 to 13% in Q1 2023, according to Canalys.

 

 

OPPO remains committed to driving the growth of the foldable smartphone market and enhancing the user experience through its continued focus on technical innovation.

 

Comments

Post a Comment

Popular posts from this blog

Zong in collaboration with DCode offers affordable access to 4G connectivity by bundling discount and freebies with Cygnal 4 Lite

Image
  Taking one step ahead in bridging the digital divide, Zong, in partnership with DCode, is offering an affordable device-data bundle. This initiative is taken to further the accessibility of connectivity in the country and enable societies with high-speed internet, enabling broader participation in the digital economy and improving access to essential online services like business, education and healthcare, making 4G more accessible and affordable for the masses. Available at Zong Customer Service Centers in Karachi, Lahore, Islamabad and Rawalpindi, the device is offered for Rs. 21,999 only and comes packed with 12 GB free data bundle for six months, allowing customers to enjoy uninterrupted connectivity on Pakistan’s leading 4G network. The newly launched Cygnal 4 Lite is designed to offer a seamless 4G experience. With a 6.6” HD display, 8 GB RAM, 64 GB ROM (expandable up to 256 GB), and a robust 5000 mAh battery with Type-C support, the Cygnal 4 Lite is packed with features to
Read more

Cheezious Wins Prestigious " Fastest Growing Restaurant Network of the Year " at the Brand of the Year Awards

Image
                    Cheezious, a Proud Pakistani fast-food brand received the "Fastest Growing Restaurant Network of the Year" award at the Brand of the Year Awards 2023. This remarkable achievement for the third consecutive year shows brand's unwavering commitment to quality, innovation, and customer satisfaction. Cheezious’ rapid growth in recent years is a reflection of its strong customer loyalty and consistent investment in the Pakistani market. As a homegrown brand, Cheezious has garnered immense popularity for its delicious food offerings that resonate with local tastes and preferences. This customer-centric approach, combined with a relentless focus on quality, has allowed Cheezious to become one of the fastest-growing fast-food brands in the country. Additionally, Cheezious continues to invest in Pakistan’s economy by creating jobs, empowering communities, and enhancing the overall customer experience through innovation and expansion. Head of Marketing Cheezious,
Read more

realme CEO Issues Open Letter, Announcing the All-New Note Series

Image
              At the beginning of the New Year, realme's CEO, Sky Li, announced a significant product strategy named "Top to Bottom Expansion" through an inspiring open letter to global users. This strategy aims to broaden the product portfolios to cover both premium and budget segments. Following the public introduction of realme's brand refresh in early January, Sky Li's rare release of two open letters in a short period underscores realme's confidence and ambition for 2024. In 2024, realme will see the return of the GT series in overseas markets, representing the brand's pursuit of hardcore technology in the high-end segment. Simultaneously, the brand will launch the all-new Note series. Positioned as "long-lasting value," the Note series reflects realme's commitment to excellence in the entry-level smartphone market. In the open letter, Sky Li states, " The birth of the Note series is not just the introduction of a product or an incr
Read more