China Smartphone Sales During 618 Fell 10% YoY Amid COVID-19, Slowdown

Beijing, Hong Kong, New Delhi, Seoul, London, San Diego, Buenos Aires – July 1, 2022 This year’s 618 e-commerce festival in China, which ran from May 31 to June 18, came amid gradual lifting of COVID-19 lockdowns in two of China’s largest cities. The e-commerce festival’s performance is an important indicator for predicting consumer sentiment in China. As was the case last year, TMALL chose not…

Smartphone ODM/IDH Companies’ 2021 Shipments Rise 6.4% YoY Despite COVID-19, Component Shortages

San Diego, Buenos Aires, London, New Delhi, Hong Kong, Beijing, Taipei, Seoul – May 3, 2022 Smartphone shipments from ODM/IDH (Original Design Manufacturer/Independent Design House) companies grew 6.4% YoY in 2021, according to Counterpoint Research’s Global Smartphone ODM Tracker and Report, H2 2021. This is attributed to a rebound of 4.5% YoY in the overall global smartphone market in 2021.…

Europe Smartphone Market Gains 8% YoY in 2021; But COVID-19 Recovery Comes Up Short

London, Boston, Toronto, New Delhi, Beijing, Taipei, Seoul – January 31, 2022 2021 was another rollercoaster year for the European smartphone market. Promising early signs suggested that the market was recovering from a difficult 2020, during which the COVID-19 pandemic hit the region hard causing both supply- and demand-side issues. However, COVID-19 impacts continued into 2021, and then Europe…

Vietnam Smartphone Shipments Down 28% YoY in Q3 2021 on COVID-19

Hong Kong, London, Boston, Toronto, New Delhi, Beijing, Taipei, Seoul – November 25, 2021 Vietnam’s smartphone shipments witnessed a 28% YoY decrease in Q3 2021, according to Counterpoint Research’s Monthly Vietnam Channel Share Tracker. COVID-19-induced restrictions in Vietnam’s major cities played the biggest role in this slowdown, triggering labour shortages and closure of shops and malls.…

Indonesia Smartphone Shipments Drop 6% YoY in Q3 2021 on COVID-19, Supply Challenges

Boston, Toronto, London, New Delhi, Beijing, Taipei, Seoul – November 18, 2021 Indonesia’s smartphone shipments declined 6% YoY in Q3 2021 mainly due to increased COVID-19 infections, according to Counterpoint Research’s Monthly Indonesia Channel Share Tracker. The ongoing global component shortages also played a role. Despite these challenges, the market managed to sustain volumes QoQ. As…

Smartphone ODMs Achieve 7.2% YoY Growth in H1 2021, Show Resilience to COVID-19, Component Shortages

Hong Kong, San Diego, Buenos Aires, London, New Delhi, Beijing, Taipei, Seoul – September 8, 2021 Smartphone shipments from ODM/IDH (Original Design Manufacturer/Independent Design House) companies grew 7.2% YoY in H1 2021, according to the latest report from Counterpoint Research’s ODM/IDH Tracker. This comes as the global smartphone market rebounded 19% YoY in H1 2021. Smartphones with…

Q2 2021: India Smartphone Market Stays Resilient During Second COVID-19 Wave, Crosses 33 Million Shipments

India’s smartphone market registered its highest ever shipments in H1 2021. Xiaomi led the market in Q2 2021 with a 28% shipment share. The brand registered its highest-ever ASP (average selling price) in a single quarter due to the strong performance of the Mi 11 series. Samsung captured the second spot with an 18% share while vivo captured the third spot with a 15% share. realme became…

Podcast: COVID-19 Second Wave to Test Resilience of India’s Growing Smartphone Market

As India battles a more virulent second wave of COVID-19, lockdown-like restrictions have been imposed across several states. This has impacted several businesses and industries, including the country’s smartphone market, which had registered record growth in Q1 2021 due to pent-up demand. With the restrictions on, the smartphone growth story has not continued in Q2 2021 as smartphones are not…

China’s Xiaomi Shrugs Off Covid-19 and Trump

Xiaomi’s revenue last quarter rose 55% year over year while its gross profit grew 87%, the company said Wednesday. Xiaomi sold 49.4 million smartphones globally in the quarter, 69% more than a year earlier. Partly that was due to comparison with a low base in 2020 when Covid-19 was at its most severe in China. But Xiaomi had a phenomenal year for more important reasons: its domestic rival Huawei…

Taiwan Companies Geared to Face Fresh COVID-19 Wave

Taiwan raised its epidemic warning for the whole country to Level 3 on May 19 in response to a rapid increase in local confirmed cases of COVID-19. Major semiconductor and component companies in Taiwan announced a series of steps over the weekend to minimize the pandemic risk, including working in separate teams and working from home (WFH). Counterpoint believes there will be only a limited…

Blockchain, IoT to Streamline Global COVID-19 Vaccine Distribution

Blockchain-based solutions for managing secure databases for the supply chain management of the COVID-19 vaccine, along with IoT solutions such as real-time monitoring and asset tracking, hold the potential to ensure successful distribution of the vaccine. Their use in such a huge exercise can ensure optimum utilization of resources to save precious lives, without compromising on quality and…

Weekly Update: COVID-19 Impact On Global Automotive Industry

To receive weekly updates on the COVID-19 situation and our latest research straight to your inbox, click this link to register Click here to get the latest weekly updates on the COVID-19 situation and its impact and implication on the various sectors. Week 22: August Auto Sales Update - Key Markets Indicate Recovery While many key markets saw signs of improvement in August on month-on-month…

LATAM Smartphone Shipments Fall 36% YoY in Q2 2020 on COVID-19

Online sales more than doubled in the region. Motorola's share increased by 7.1 percentage points. Smartphone shipments in LATAM declined 19.5% QoQ. New Delhi, Hong Kong, Seoul, London, Beijing, San Diego, Buenos Aires – August 31, 2020 Smartphone shipments in the LATAM market continued to fall during Q2 2020, showing a drop of 19.5% QoQ and 36% YoY, according to the latest research…

Online Smartphone Sales to Hit a New High Amid COVID-19

As the COVID-19 pandemic continues, online channels for smartphone sales are benefiting from the change in buying patterns, according to the latest Counterpoint Research report on online smartphone sales growth. The share of online channel sales in total global smartphone sales was around 20% last year. We expect this figure to reach 23% this year. India continues to lead in online sales, with…