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Vivo 2nd Fast Growing 5G Smartphone Brand Globally: Report

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Smartphone company Vivo has become the second-fastest growing 5G smartphone brand globally after Samsung in the January-March quarter, by shipping 19.4 million units and growing 62 per cent sequentially.

Vivo’s growth was led by its stronghold in the China and Europe 5G phone market, according to research firm Strategy Analytics.

Whereas Samsung grew 79 per cent quarter-on-quarter, Vivo’s sales increased 62 per cent. However, Apple continued to be the top 5G brand, holding 29.8 per cent share of the global market, followed by Oppo with 15.8 per cent share while Vivo was the third largest 5G brand holding 14.3 per cent share at the end of March-21, data showed.

 “As a fervent advocate of 5G development, vivo has made remarkable progress in 5G standards and core technologies, committed to providing users with a growing range of 5G mobile phones and an improved 5G experience,” Vivo said in a statement on Monday.

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