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Chinese brands to occupy half of global smartphone market in 2017

Chinese brands to occupy half of global smartphone market in 2017Chinese brands are expected to occupy half of the global smartphone market in 2017, according to market research firm TrendForce.

Chinese brands are expected to occupy half of the global smartphone market in 2017, according to market research firm TrendForce.

TrendForce said in a survey that the total shipments of all the Chinese smartphone brands in 2016 hit 629 million units, surpassing the volume of 519 million units jointly from Apple and Samsung.

Total shipments of global smartphone market in 2016 reached 1.36 billion units, up 4.7 percent from the previous year.

Chinese brands Huawei, OPPO and Vivo respectively took the last three spots in the global top five, following closely behind Samsung and Apple.

The survey noted that Chinese brands are actively exploring overseas markets with better smartphone quality, capable of competing with Samsung and Apple.
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