Amazing growth from the new company
Realme has a cause to celebrate – the company has managed to grow +709% from last year, landing them in fourth place in terms of overall sell-in shipments for the Philippines for Q4 2019.
This is according to a tweet from Canalys, a leading global technology market analyst firm.
Huawei slips to #5 in Philippines, as @realmemobiles surged to take 9% market share. @Huawei did still manage to grow, thanks to its GMS-supported Nova 5T, but this was behind the market average, as #smartphone shipments in the Philippines increased 28% in Q4 2019. pic.twitter.com/22ReU9QIRq
— Canalys (@Canalys) February 6, 2020
While the research firm is yet to announce its detailed breakdown and analysis on Realme’s phenomenal growth during the holiday season, one only has to look at the company’s aggressively priced lineup of smartphones that cater to the low-end and mid-range side of the market, as well as their continued expansion into retail spaces around the country.
The biggest loser of Q4 2019 is Samsung, which saw a massive -32% drop YoY, dropping them down too just number 3 on the list. vivo also found success in the last quarter of the year as well as OPPO, though fellow Chinese company Huawei has dropped down to #5. Of the five smartphone vendors on the list, only Samsung isn’t based in China.