In Q1 of 2021, Chile’s smartphone shipment reached 2.9 million, up 71% year on year From Strategy Analytics
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According to the latest research report released by strategy analytics, in Q1 2021, Chile’s smartphone shipments increased 71% year on year, reaching a record 2.9 million units. Xiaomi’s performance was amazing, with a year-on-year growth of more than 1000% and won the third place, with a record market share of 16%. Xiaomi is expected to win second place by the end of this year.
“Chile’s smartphone shipments increased from 1.7 million in Q1 2020 to a record 2.9 million in Q1 2021, a 71% year-on-year increase,” said Neil mawston, executive director of strategy analytics. Despite the turmoil in COVID-19 and political turmoil, demand for mobile phone is soaring due to economic growth, strong exports and high vaccination coverage. Chile is the third largest smartphone market in Latin America, after Brazil and Mexico. “
Woody Oh, director of strategy analytics, added: “we estimate Samsung’s smartphone shipments in Chile are up 63% year-on-year, from 800000 in Q1 in 2020 to a record 1.2 million in Q1 in 2021. At present, Samsung’s smartphone market share in Chile is relatively stable, about 42%. Samsung has a wide range of retail business in Chile, among which the A-Series models are popular. Lenovo Motorola ranks second, with its smartphone market share in Chile surging from 12% in Q1 in 2020 to a record 17% in Q1 in 2021. The Motorola brand is still very popular among Chilean consumers, who like 4G smartphones with reasonable prices. “
Rajeev Nair, senior analyst at strategy analytics, added: “we estimate that the shipment volume of Xiaomi smartphones in Chile will increase by 1000% year on year from near zero in Q1 in 2020 to a record 500000 units in Q1 in 2021. Xiaomi’s smartphone market share in Chile has soared to 16% from 2% in the same period last year. Xiaomi is Chile’s fastest growing smartphone brand. Hongmi, the low-end model of Xiaomi, has won strong recognition from consumers, helped Xiaomi win the third place in Chile, and gained the greatest benefit from Huawei’s exit. If the current growth trend continues, Xiaomi will surpass Lenovo Motorola to become Chile’s second largest smartphone brand by the end of 2021. “
Woody Oh, director of strategy analytics, added: “there is still a lot of room for growth in the Chilean market. Oppo, vivo, realme and other Chinese brands have ambitious smartphone expansion plans in the coming year. Therefore, there is no guarantee that Samsung’s dominant position in Chile and Xiaomi’s rapid growth will not end. ” More reading: strategy Analytics: total global smartphone wholesale revenue exceeds $100 billion in Q1 of 2021 strategy Analytics: Q2 global Tablet PC shipment market share in 2019 strategy Analytics: Global smartphone shipment in Q4 of 2019 is 375 million strategy Analytics: Global smartphone shipment in Q1 of 2021 is 340 million, a year-on-year increase of 24% strategy Analytics: smart phones in 2020 Image sensor market grows to US $15 billion, with a year-on-year growth of 13% strategy Analytics: Global smartphone shipment will reach 1.38 billion in 2021, with a year-on-year rebound of 6.5% strategy Analytics: 71% of all smartphones sold in 2021 will have device end Tips: the global smartphone battery market revenue will reach US $1.5 billion in Q1 2020 strategy Analytics: the revenue of Western Europe’s smartphones will drop by 10% to US $10 billion in Q1 2020 strategy Analytics: the world’s best-selling Android smartphones in the first quarter of 2020 strategy Analytics: the global smartphone shipment will reach 275 million in the first quarter of 2020, a year-on-year decline of 17% strategy Analytics: February 2020 Global smartphone shipment is 61.8 million, down 38% year on year
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