Honor ranks among the top five in the global high-end mobile phone market: tied with Huawei to become a duo of Chinese brands

News on June 8, recently, the analysis agency Canalys released brand ranking data for products priced over $600 in the global high-end market in the first quarter of 2024, showing that Honor ranked among the top five in this market for the first time.

According to the published data, it can be seen that globally, Honor ranks fifth with a market share of 2%, a year-on-year increase of 91%, becoming the leader in this ranking. The leading domestic brand alongside Huawei.

Apple continues to lead the high-end smartphone market with a market share of 60%, followed by Samsung with a market share of 25% and maintaining a stable growth momentum.

Huawei ranked third with a market share of 6%, and its year-on-year growth rate was as high as 67%, showing strong growth potential.

Google’s performance is the most eye-catching. Although its market share is only 3%, its year-on-year growth rate reached 243%, making it a dark horse in the market.

In the first quarter of 2024, in the smartphone market in the price range above US$600 in mainland China, Honor stood out and ranked third, following Apple and Huawei. .

Judging from the list data, the year-on-year growth rates of Huawei and Honor have both maintained at 67%, while the market shares of other brands have declined.

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