China’s Vivo has emerged as the top 5G smartphone vendor in Asia Pacific in Q2 2021, Strategy Analytics report said.
Asia Pacific 5G smartphone shipments have more than doubled over the last year (up 110 percent annually).
Vivo has grown past Xiaomi, OPPO and Apple over the course of the past year to take the top spot in 5G smartphone business.
Vivo has capitalized on the decline of telecom giant Huawei, which in the year-ago quarter sold more than half of all 5G smartphones in the Asia Pacific region, but has disappeared from the market.
“The combination of innovative technology and affordable prices made Vivo’s smartphones, such as its iQOOO U3 5G and iQOOO 7 5G, the most popular 5G devices in the region,” said Yiwen Wu, Senior Analyst at Strategy Analytics.
Xiaomi captured second place in 5G smartphone shipments in the Asia Pacific region in Q2 2021. China propelled Xiaomi’s 5G smartphone shipments.
“Xiaomi’s Redmi family of smartphones, led by the Redmi Note 9 5G and Note 9 Pro 5G, as well as its Mi family of 5G smartphones such as the Mi 10 Youth 5G are top sellers for the vendor in China,” Ville-Petteri Ukonaho, Associate Director at Strategy Analytics, said.
OPPO has captured third place in 5G smartphone shipments in the Asia Pacific. OPPO expects a big quarter in Q3 2021 as it launches three new 5G smartphone models in its upcoming Reno 6 series.
Vivo may have peaked in China in Q2 2021 and will need to look to other 5G markets outside the region, in Europe in particular, to fuel future growth, Ken Hyers, Director at Strategy Analytics, said.
Apple and Samsung are in the fourth and fifth rank in the 5G smartphone business in Asia Pacific, according to the report.