Global EditionASIA 中文雙語Fran?ais
    Business
    Home / Business / Technology

    Chinese smartphone makers post higher quarterly profits

    By Ma Si | China Daily | Updated: 2018-01-03 09:06
    Share
    Share - WeChat
    An Indian official holds the newly-launched Huawei Honor 8 Pro smartphone at a promotional event in New Delhi on July 6, 2017. [Photo/VCG]

    Combined profits of Chinese smartphone brands crossed $1.5 billion for the first time in a single quarter as they ratcheted up resources to make inroads into the premium segments, a new report said.

    According to the latest report by Counterpoint Technology Market Research, the cumulative profits of Chinese brands crossed $1.5 billion in the third quarter of 2017, due to their efforts to streamline the supply chain and the rising mix of mid to high end smartphones in their portfolios.

    Tarun Pathak, associate director at Counterpoint, said usually, most of the profits were shared by just two brands-Samsung Electronics Co and Apple Inc. However, Chinese brands have now made inroads, he said.

    "In the premium segment, Chinese players like Huawei Technologies Co Ltd are positioning their flagship models just below the premium offerings from Apple and Samsung. This strategy is designed to penetrate the premium market while maximizing revenue and profit", Pathak said.

    The Counterpoint report showed that Huawei witnessed the highest profit growth of 67 percent year-on-year in the third quarter of 2017. Its average smartphone price grew 6 percent year-on-year, driven by its Mate and P series. Huawei accounted for 4.9 percent of global profits by market share in the third quarter of last year.

    Oppo and Vivo captured fourth and fifth spot in global handset profit share, respectively, with 4 percent and 3.1 percent, mainly driven by their performance in China.

    Apple continued to command the lion's share of the mobile handset industry profits and accounted for nearly 60 percent of the market share. However, this is down from 86 percent in the same quarter of 2016, when Samsung had to gulp up a loss due to the Galaxy Note 7 debacle.

    The rising profits for Chinese smartphone makers also came amid surging cost of components such as screens and chips. It highlights their resilience in the face of bigger cost pressures.

    Xiang Ligang, CEO of telecoms industry website Cctime, said there is no shortcut for Chinese players to take on Apple and Samsung. They have to constantly experiment with new features while controlling costs.

    "Their overseas expansion plan will have an impact on their profit margins, which they would like to mitigate by increasing the mix of mid segment devices in markets outside China," Xiang said.

    The Chinese smartphone market is reaching a saturation point, which in turn has prompted companies to make ambitious overseas plans. Honor, a smartphone brand of Huawei, said it aims to increase the contribution of its overseas revenue to total revenue from 15 percent in 2017 to 50 percent by 2020.

    Top
    BACK TO THE TOP
    English
    Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
    License for publishing multimedia online 0108263

    Registration Number: 130349
    FOLLOW US
    CLOSE
     
    东京热加勒比无码视频| 最好看的最新高清中文视频| 日韩AV无码中文无码不卡电影| 无码精品国产dvd在线观看9久| 精品久久久久久无码专区 | 国模无码人体一区二区| 伊人久久一区二区三区无码| 亚洲av成人无码久久精品 | 日本精品中文字幕| 国产午夜精品无码| 中文字幕久久精品无码| 99re只有精品8中文| 中文字幕无码成人免费视频| 久久水蜜桃亚洲av无码精品麻豆 | 精品无码久久久久久久久久| 国产V片在线播放免费无码| 最近2022中文字幕免费视频| 亚洲AV无码一区二区三区在线观看 | 日韩欧精品无码视频无删节| 欧美麻豆久久久久久中文| 中文字幕亚洲男人的天堂网络| 97无码免费人妻超| 欧洲精品久久久av无码电影| 中文字幕人妻无码专区| 无码人妻少妇久久中文字幕| 熟妇人妻久久中文字幕| 亚洲午夜福利精品无码| 久久激情亚洲精品无码?V| 日韩午夜福利无码专区a| 无码欧精品亚洲日韩一区| 亚洲中文字幕无码一区| 韩日美无码精品无码| 久久亚洲精品无码VA大香大香| 国产精品综合专区中文字幕免费播放 | 久久AV无码精品人妻糸列 | 中文字幕久久精品| 7国产欧美日韩综合天堂中文久久久久| 亚洲av中文无码乱人伦在线咪咕| 人妻中文无码久热丝袜| 亚洲国产a∨无码中文777| 亚洲VA中文字幕无码毛片|