Oppo

Internet services are expected to become an important part of Oppo’s overall business amid the global roll-out of 5G networks.

While Huawei’s sales also declined year-over-year, it experienced 27.4% quarterly growth, moving it into a virtual tie with Samsung for the place of world’s top smartphone manufacturer.

Xiaomi marched into the chip development field in 2014 but has yet to deliver solid results.

The company claims its 125W charging system is the most advanced in the industry.

China is home to three of the world’s top five smartphone makers accounting for over one-third of global sales.

India levies over 20% import duty on smartphones to encourage local manufacturing.

Huawei’s setbacks in the overseas market leaves space for its Chinese competitors.

Oppo now accounts for 2% of the European market after experiencing 10-fold growth in the first quarter amid countrywide lockdowns due to the pandemic.