CounterPoint: Chinese brands accounted for 65% of the Colombian smartphone market in Q2 2021

CounterPoint: Chinese brands accounted for 65% of the Colombian smartphone market in Q2 2021

Chinese brands currently dominate the Colombian smartphone market, accounting for more than 65% of the market share, and four of the top five brands are from China. The leader among them is Xiaomi, whose market share exceeded 26% in the second quarter of 2021.

Commenting on the competitive landscape, research analyst Andres Silva said: “Xiaomi’s growth is the result of the brand’s aggressive approach to end customers. Since entering Colombia in 2018, the brand has opened 12 flagship stores in different regions. In addition, the company has strong partnerships with all the major operators in the market.”

Although technically a Chinese brand of Lenovo, Motorola is considered an American brand by many Colombian consumers. Its shipments ranked second in the second quarter of 2021, up 27% from the second quarter of 2020. Affected by fierce competition from new Chinese brands such as vivo and TECNO, the company is fighting back by strengthening its marketing mechanisms in operators and retail channels.

Vivo is the third Chinese brand. Its Y series models have been successful in Colombia and increased its market share to 5% in the second quarter of 2021. Vivo has been following a unique strategy since entering Colombia. In 2020, Vivo cooperated with operators and focused on online sales.

TECNO has included Colombia as part of its deployment covering Africa, the Middle East, Southeast Asia and South Asia. Online sales channels and strategic partnerships with local distributors in major cities in Colombia enabled it to achieve a 3% market share in the second quarter of 2021.

<<:  IDC: China's smartphone market shipments in the third quarter of 2021 were approximately 80.8 million units, a year-on-year decrease of 4.7%

>>:  Canalys: China's smartphone shipments reached 78.8 million units in Q3 2021, a year-on-year decrease of 5%

Recommend

Do you only get shingles once in your life?

Not entirely Shingles is not a disease that only ...

How Much Do You Know About the Dragon Boat Festival Materia Medica

This is the 4947th article of Da Yi Xiao Hu May 5...

Pregnant women have small red spots on their bodies and it is very itchy

Pregnant women have many small red spots on their...

Consequences of menstrual suppositories

Generally speaking, it is not recommended for wom...

Why are egg yolk pastries so expensive? Will egg yolk pastries make you fat?

The yolk of fresh salted eggs is sweet, shiny, an...

Introduction to the two major acupoints for women's health

There are many acupoints for women's health p...

I have had the ring for more than ten days and there is still blood

After a woman has an IUD inserted, she will gener...

Women's private parts care should avoid 4 wrong care practices

Mistake 1: Over-cleaning There is nothing wrong w...

You have no idea how ridiculous the reasons why you gain weight are...

One minute with the doctor, the postures are cons...

Clearly understand stroke--FAQs about stroke

1. What is stroke? 2. Why does a stroke occur sud...

Overview of Intrauterine Adhesions

Intrauterine adhesion is a common gynecological d...

What does chocolate represent? The correct way to eat chocolate

Whenever a festival comes, chocolate is chosen as...