According to a survey conducted by Counter Point Research, a market research organization, vivo shipments grew by 114% year-on-year in the third quarter of 2016, making it the fastest growing domestic manufacturer. According to the report's data, in the third quarter of 2016, Apple had a negative growth rate compared to last year. With the launch of the X7/X7 Plus, vivo demonstrated strong shipment growth.
From the table given by the research institute, vivo's annual shipments increased by 114%. Compared with the previous quarter, there was also a 31% increase. Vivo officially became the main force driving the growth of China's mobile phone sales. This increase in sales has a lot to do with the popularity of models Xplay5 and X7, which Vivo launched this year.
From the perspective of market share, vivo was ranked second with 16.2%, which was a difference of only 0.4% from the first 16.6%. Can vivo with such strong growth momentum surpass oppo in the next few months to become the new leader in the domestic mobile phone market? We will wait and see.
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