A new analyst report ranks the top smartphone suppliers in Q1 2016. The ranking shows huge wins for several Chinese smartphone makers.
The Chinese smartphone market is one of the most important for smartphone makers around the world. China is also one of the biggest producers of smartphones, and not just because Apple and others have their phones assembled there.
How To: Buy a Pokemon Go Plus
A new ranking of the 12 top selling smartphone vendors contains 8 Chinese companies. The two top spots in the global smartphone market is still held by companies located outside of China.
Samsung leads the ranking published by IC Insights, followed by Apple. On the third spot is Huawei, which increased sales by 29% compared in 2016 compared to 2015. South Korean LG (#6) and Indian Micromax (12) are the only other two non-Chinese manufactures in the top 12 smartphone vendors ranking.
Besides Huawei, Oppo (54%) Vivo (48%) and Meizu (29%) have increased sales by huge margins. The Indian based smartphone brand Micromax has according to IC Insights the highest growth with 74%.
The leading Samsung and Apple have lost slightly with -1% and -3% respectively. Lenovo is the biggest loser in the world-wide smartphone market analysis with -26%.
The research firm estimates that 1.5 billion smartphones will be sold in world-wide in 2016, which is up 5% compare to last year.
IC Insights lists in the chart below the Q1 2016 smartphone unit sales and the forecast for their full-year 2016 unit volume shipments. To already predict the whole year of smartphone sales is a bit premature as the Fall will bring new major smartphone releases including the iPhone 7 and the Samsung Galaxy Note 7.
Don't Miss: Incredible Pokemon Gifts
Huawei's goal is to become the #1 global smartphone maker by 2021. The company is likely releasing new smartphones later this year to continue to attack Samsung and Apple. There is still a long way to go for the best performing Chinese smartphone maker. Samsung and Apple sell about 5 times as many smartphones than Huawei.
Source: IC Insights.