According to the latest data from the research organization Counterpoint Research, Huawei’s mobile phone sales increased by 83% year-on-year in October, and its performance was very outstanding.The report shows that in October this year, China’s smartphone sales increased by 11% compared with the same period last year. While Huawei increased by 83%, Xiaomi also achieved a 33% increase.
Huawei's Mate60 series has contributed most to such high growth, and Xiaomi's sales are also booming with the newly launched Xiaomi Mi 14.
Statistics show that the Xiaomi Mi 14 series launched at the end of October has received more than 1 million orders, and the company's market value has increased by about US$20 billion since its low point in June this year.
Analysts commented on the current Huawei. Driven by new product marketing and reports of "Made in China" chips, Huawei has turned a profit with the Mate60 series and has made great progress.
While Chinese mobile phone manufacturers are making rapid progress, they are suppressing Apple. The sluggish domestic sales of the iPhone 15 series have also forced them to continue to cut prices.