OPPO is one of the smartphone brands that has made a name solely depending on the innovation brought forth by its R&D department. The company produces excellent smartphones, which are mostly known for their extra-ordinary performing cameras.
According to recent news, OPPO has, for the first time, become the best-selling smartphone brand in China. The bank managed to capture 21 percent of the world’s biggest smartphone market (China) in January, ahead of Vivo and Huawei, which both achieved 20 percent.
Reports also indicate that the company’s sales went up 26 percent year on year and increased 33 percent from the previous month. The credit for its monthly sales increase is due to the success of its new Reno 5 series, which offers better specs at a lower price point than the earlier Reno 4.
We also found that, with OPPO gaining market share, it seems that Huawei has started losing its smartphone value in China as we know that the company which suffered the most due to the US-China trade war was none other than Huawei. As such, due to component shortage, the company is focusing on the premium market. As such, Chinese distributors have been focusing on other brands for volume.
Previously, Huawei’s smartphone market was supported majorly by its Honor brand. But after selling the company, Honor has become one of the biggest competitors of Huawei. It is estimated that Huawei’s shares will continue to go down throughout 2021. Oppo will look to capitalize on the opportunity to launch its latest flagship phone, the Find X3 Pro, which will be announced on Thursday.
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