I data from Canalys analysts confirm un first quarter gives record per Honor which records strong growth in sales in China. The brand closed the quarter with 15 million units sold and an increase in sales of + 205% in comparison with the data recorded in the same period last year.
Despite a market down by -18% compared to last year, Honor closes the first quarter in China with a great success, conquering the top of the market with 15 million units sold, a year-on-year growth of +205% and a 20% market share. The brand has surpassed OPPO, Apple, vivo and Xiaomi, achieving a truly extraordinary result. Last year, Honor stopped at 4.9 million units sold. Here is a summary of the Canalys data:
According to the data IDCon the other hand, Honor’s sales were equal to 13.5 million units in China in the first quarter of 2022 with an increase of + 291% compared to previous data. For Counterpointon the other hand, sales increased by +166% by Honor.
While the analyst numbers don’t completely coincide, all analyzes agree that Honor has had a truly record-breaking first quarter in the domestic market. The brand lays the foundations for substantial growth in Europe as well.
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