The profit Of Smartphone Brands From China Passed Over $2 Billion

The research proves that all the handset profits have grown up to 4% yearly during the Q2 of 2018. This happened thanks to Chinese brands, and they decided to show their best this time. If you put their profits together, it will pass over 2 billion US dollars.

Even though some sources predict the prices of smartphones to increase the research shows that the consumers are buying less new models, due to the excellent state of the ones purchased before. However, the developers are thinking about finding a way out of this situation too.

It is true that Apple is one of the best-selling smartphone brands, but it is closely followed by Samsung and such Chinese brands Huawei, OPPO, Vivo and Xiaomi.

As for the Samsung smartphones, it should be mentioned that the sales decrease due to the Galaxy S9 series being a lot weaker than expected. While Xiaomi, Huawei, vivo, and OPPO grew significantly in profit, especially in Q2 2018.

We couldn’t but mention the Indian smartphone market. The thing is that while in all the other parts of the world the shipment of smartphones decreased, in India, it is still growing. That means that all the leading handset companies from China, Taiwan, and South Korea are struggling to win it over.