- Home
- Technology
- News
- OPPO secures first place in China and fourth place in global smartphone shipments in H1 2023 followi ..
OPPO Secures First Place In China And Fourth Place In Global Smartphone Shipments In H1 2023 Following The Success Of Find N2 Flip
Umer Jamshaid Published August 04, 2023 | 05:11 PM
Boosted by the strong performance of its Find N2 series and Find X6 series flagship smartphones, OPPO ranks first in the Chinese smartphone market in H1 2023 and fourth globally during the same period
LAHORE (UrduPoint / Pakistan Point News - 4th Aug, 2023) Boosted by the strong performance of its Find N2 series and Find X6 series flagship smartphones, OPPO ranks first in the Chinese smartphone market in H1 2023 and fourth globally during the same period.
According to data from Canalys, OPPO held a 10% share of the global smartphone market in H1, with 51.9 million shipments, and an 18% share of the China smartphone market in H1 2023, making it the best-selling brand in China during the first half of the year.
OPPO’s performance has been driven in part by the success of foldable smartphones, which have entered a period of rapid growth this year and continue to show significant upside potential. Counterpoint Research estimates that global shipments of foldable smartphones are expected to grow at a 114% compound annual growth rate from 2019 to 2025, increasing four-fold between 2022 and 2025 to reach 55 million units. Chinese OEMs, including OPPO, have been quick to embrace the foldable market, contributing to China's emergence as the global leader with a 26% share of the market in 2022.
New data from Canalys also shows that OPPO held a dominant 31% share of the foldable market in China during Q1 2023, making it the leader in the growing segment. At the product level, the OPPO Find N2 Flip outperformed all other foldable products to make up 15% of foldable smartphone sales in China from January to May 2023, according to Counterpoint. As the first vertical flip phone to introduce a larger cover screen, the Find N2 Flip is crafted for practicality and enjoyment for daily use, featuring a less-visible crease, a powerful battery, and an intuitive UI design alongside other industry-leading innovations. These innovations and the commercial success of the Find N2 Flip have also helped OPPO to outperform the global foldable market this year, where its market share has increased from 5% in Q1 2022 to 13% in Q1 2023, according to Canalys.
OPPO remains committed to driving the growth of the foldable smartphone market and enhancing the user experience through its continued focus on technical innovation.
Recent Stories
Govt reduces petrol price by Rs5.45 per litre
Pakistan’s Ambassador to UAE meets Ruler of Ras Al Khaimah
Statement of Engro Corporation - LNG Case Decision
Wasim Akram touches fans’ hearts by new look
Empowering women for employment is the need of hour, says Sadaffe Abid
Global study reveals Pakistan’s inadequate measures against Tobacco Industry
Co-Working Center launched in Okara under PITB’s e-Earn program
BHC judges recommend legal action over agencies interference into judicial matte ..
Third Women T20I: Pakistan to face West Indies today
Mahira Khan delights at Arijit Singh’s concert in Dubai
Dubai Customs Celebrates World Intellectual Property Day, Honors Schools and Uni ..
Vivo Reveals Durefishan Saleem as Brand Ambassador for its Upcoming Y100 Smartph ..
More Stories From Technology
-
Co-Working Center launched in Okara under PITB’s e-Earn program
11 hours ago -
Vivo Reveals Durefishan Saleem as Brand Ambassador for its Upcoming Y100 Smartphone
14 hours ago -
Punjab govt decides to provide free internet to schools across province
3 days ago -
TECNO CAMON 30 Series set to launch at a grand fashion show in Karachi
4 days ago -
Record growth being witnessed in IT exports due to SIFC’s efforts
4 days ago -
PITB HR Wing organizes Eid Milan celebration for children at PITB Day Care Center located in ASTP
4 days ago
-
SONY x TECNO - is this for real?
4 days ago -
Punjab CM inaugurates Pakistan’s first Virtual Women Police Station
7 days ago -
Pro Tips: How to Capture Stunning Portraits with the Aura Light Portrait of vivo V30 5G
9 days ago -
Itel celebrates launch of S24—a new brand identity
9 days ago -
Realme C53 Price Slash: High-Tech Meets High Style at New Low Price!
11 days ago -
Take Charge, Live Free: Empower Your Life with Infinix NOTE 40 Series
12 days ago