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TEXXR

Chronicles

The story behind the story

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353.6M smartphones shipped in Q3 2020, with Samsung shipping 80.4M up 2.9% YoY, Huawei 51.9M, down 22%, Xiaomi 46.5M, up 42%, and Apple 41.6M, down 10.6%

IDC

Context & Ripple Effects

The Q3 2020 numbers mark a sharp reversal from the same quarter two years earlier, when IDC counted 355.2M shipments with Huawei growing 32.9% while Samsung fell 13.4%. Now Samsung is the only top vendor growing and Huawei has swung to a 22% decline — the fastest drop among the leaders.

Total volumes are essentially flat versus Q3 2018 despite the intervening years, which makes this a zero-sum quarter: Xiaomi's 46.5M units, up 42%, put it ahead of Apple's 41.6M for third place, and the gains came largely out of Huawei's and Apple's lines rather than market expansion.

First-order effects

  • Huawei cedes roughly a fifth of its year-ago shipment base in a single quarter, dropping behind Samsung's lead by nearly 29M units and losing its momentum from the 2018 peak.
  • Xiaomi overtakes Apple for the No. 3 spot on 46.5M units, while Apple's 10.6% decline leaves it fourth in a quarter when it historically competes near the top.

Second-order effects

  • Samsung extends its lead precisely when its closest rival stumbles, and with total demand stagnant its 2.9% growth comes directly from competitors' lost share rather than a larger market.
  • Suppliers and channel partners rebalance volume commitments toward Xiaomi, whose 42% growth rate makes it the fastest-scaling buyer among the major vendors heading into 2021.

Third-order effects

The trend: With global smartphone shipments stuck near their 2018 levels, vendor share is rotating away from the 2018 leaders toward Samsung and fast-growing Chinese brands like Xiaomi.

Discussion

  • @neiltwitz Neil Shah on x
    📱Strong quarter for 5G shipments as volumes grew 82% YoY 📱5G shipments in Q3 exceeded the overall H1 2020 shipments. 📱5G iPhones will take this mainstream starting Q4 2020 https://www.counterpointresearch.com/ ...
  • @kwiens Kyle Wiens on x
    The world does not need to be making this many phones. https://twitter.com/...
  • @neiltwitz Neil Shah on x
    @CounterPointTR global smartphone assessment out for Q3 2020. 📱366 Million smartphones shipped +32% QoQ, -4% YoY. 📱46.2M - @Xiaomi shipped to be the #3 for the first time ever surpassing @Apple 📱-24% YoY @Huawei as full ban set in. https://www.counterpointresearch.com/ ... https:…