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Chinese companies have sharply increased shipments of smartphones to Europe

News Snapshot:

In the third quarter of 2021, Chinese companies managed to significantly increase shipments of smartphones in Europe, as evidenced by the latest report from Counterpoint. According to the analytical agency, in the third quarter of this year, the European market declined by only 1% compared to the same period in 2020. The companies that lost the most were Huawei and Honor, which now control 0.5% of the market each. In the base period, their shares were 8.1% and 4.8%, respectively. But three companies at once increased shipments of smart phones at times. Vivo has succeeded the most. Over the year,…

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