Top 10 Largest Smartphone Manufacturers in China
In this post, let's examine some of the largest smartphone manufacturers in China, ranked by market capitalization. Go directly to other related articles on ... read more...Toplist if you want to see more of the largest smartphone manufacturers in other regions ranked by market capitalization.
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Xiaomi Corporation, also known as Xiaomi and doing business as Xiaomi Inc., is a Chinese company that designs and produces household goods, home appliances, and consumer electronics, as well as related software. The company is rated 338th and is the youngest company on the Fortune Global 500. It is the second-largest smartphone maker in the world, behind Samsung, and the majority of its products operate on the MIUI user interface, which is based on the Android operating system.
Lei Jun, a current multi-billionaire, and six senior partners launched Xiaomi in 2010 when he was 40 years old in Beijing. Lei developed both Kingsoft and Joyo.com, which he sold to Amazon in 2004 for $75 million. By 2014, Xiaomi held the largest market share of smartphones sold in China. Xiaomi introduced its first smartphone in August 2011. The business started out solely selling its goods online but eventually developed physical locations.Xiaomi's market cap was $34.71 billion as of March 2023. By market cap, this places Xiaomi as the 490th most valuable firm in the world. The most recent financial reports from Xiaomi show that the company's current revenue (TTM) is $45.35 billion. The company generated $50.77 billion in revenue in 2021, an increase from $35.95 billion in 2020.
Founded: 6 April 2010
Headquarters: Haidian District, Beijing, China
Website: https://www.mi.com/ -
With its headquarters in Qingdao, Shandong, Haier is a global Chinese manufacturer of consumer electronics and home appliances. Products including refrigerators, air conditioners, washing machines, dryers, microwave ovens, mobile phones, laptops, and televisions are among the ones it creates, develops, manufactures, and sells. Seven global brands, including Haier, Casarte, Leader, GE Appliances, Fisher & Paykel, Aqua, and Candy, make up the home appliances sector, or Haier Smart Home.
From 2009 through 2018, Haier ranked as the top major appliance brand internationally, according to statistics made public by Euromonitor. With a brand worth of $16.3 billion, the Haier name was also acknowledged by BrandZ in 2019 as the most valuable IoT ecosystem brand globally. With $27.7 billion in revenue in 2019, Haier Smart Home was number 448 on Fortune's Global 500 list.The market capitalization of Haier Smart Home as of March 2023 is $31.25 billion. By market cap, this places Haier Smart Home as the 541st most valuable company in the world. The most recent financial reports from Haier Smart Home indicate that the company's current revenue (TTM) is $36.55 billion. The corporation generated $35.18 billion in revenue in 2021, an increase from $30.59 billion in revenue in 2020.
Founded: 1984
Headquarters: Qingdao, Shandong, China
Website: www.haier.com -
With its headquarters in Shenzhen, Guangdong province, Huawei Technologies Co., Ltd. is a Chinese multinational technology company that develops, produces, and sells telecommunications equipment, consumer electronics, smart gadgets, and a range of rooftop solar power products. Ren Zhengfei, a former officer in the People's Liberation Army, started the company in 1987. (PLA).
Huawei's business has grown from its initial focus on producing phone switches to include the construction of telecommunications networks, the provision of operational and consulting services and equipment to businesses both inside and outside of China, as well as the production of communications products for the consumer market.More than 170 nations and regions now use Huawei products and services. In 2012, it surpassed Ericsson to become the largest producer of telecom equipment in the world. In 2018, it surpassed Apple to become the second-largest producer of smartphones in the world, after Samsung Electronics. Huawei announced US$108.5 billion in sales for 2018. Huawei first eclipsed Samsung and Apple in terms of global phone shipments in July 2020.
Founded: 15 September 1987
Headquarters: Shenzhen, Guangdong, China
Website: www.huawei.com -
Electronics manufacturer TCL Technologies is based in Huizhou, Guangdong Province. Consumer goods like televisions, mobile phones, air conditioners, washing machines, refrigerators, and small electrical appliances are among the products it designs, develops, produces, and distributes. It ranked as the 25th-largest maker of consumer electronics in the world in 2010. By 2019, it has overtaken Sony as the second-largest television manufacturer by market share.
TCL Company changed its name to TCL Technology on February 7, 2020. TCL is made up of five publicly traded companies: TCL Technology (SZSE: 000100), TCL Electronics Holdings Ltd. (SEHK: 1070), TCL Communication Technology Holdings Ltd. (former code SEHK: 2618; delisted in 2016), China Display Optoelectronics Technology Holdings Ltd. (SEHK: 334), and Tonly Electronics Holdings Ltd. (SEHK: 1249), all of which are listed on the Hong Kong Stock Exchange. The business model of TCL Technology is centered on three key industries: industrial finance and capital, semiconductor display, and semiconductor and semiconductor photovoltaic.Founded: 1981
Headquarters: Huizhou, Guangdong, China
Website: www.tcl.com -
ZTE Corporation is a telecommunications-focused technology business with a small amount of state ownership in China. ZTE was established in 1985 and is traded on the Shenzhen and Hong Kong Stock Exchanges.
Wireless exchange, optical transmission, data telecommunications equipment, telecommunications software, and mobile phones make up the bulk of ZTE's operations. ZTE is an OEM, yet it sells goods mostly under its own brand.Because of its connections to the Chinese government, which potentially allow for widespread surveillance, the corporation has come under fire in the United States, India, and Sweden. ZTE was penalized in 2017 for breaking economic restrictions by illegitimately transferring US technology to Iran and North Korea. U.S. firms (semiconductors) were prohibited from exporting to ZTE for seven years by the U.S.
Department of Commerce in April 2018, following the company's failure to adequately discipline the affected employees. After ZTE replaced its senior management, agreed to pay additional fines, and committed to set up an internal compliance unit for ten years, the ban was lifted in July 2018. The Federal Communications Commission (FCC) classified ZTE as a national security threat in June 2020.
ZTE's market capitalization as of March 2023 was $22.48 billion. By market cap, ZTE is now the 746th most valuable company in the world. The most recent financial reports from ZTE show that the company's current revenue (TTM) is $18.57 billion. The corporation generated $17.71 billion in revenue in 2021, a rise from $14.79 billion in revenue in 2020.
Founded: 1985
Headquarters: 55 Hi-tech Road SouthShenzhen, Guangdong, China518057
Website: www.zte.com.cn -
A Chinese global technology corporation called Lenovo Group Limited is focused on developing, producing, and selling consumer goods, personal computers, software, business solutions, and associated services. Desktop computers, laptops, tablets, smartphones, workstations, servers, supercomputers, electronic storage devices, IT management software, and smart televisions are among the products that the company manufactures.
The ThinkPad business line of laptops (which it bought from IBM), the IdeaPad, Yoga, and Legion consumer line of laptops, and the IdeaCentre and ThinkCentre line of desktop PCs are some of its best-known brands. By unit sales, Lenovo is the biggest personal computer vendor in the world as of 2021.
Lenovo's market capitalization as of March 2023 was $11.25 billion. By market cap, this places Lenovo as the 1316th most valuable corporation in the world. The most recent financial reports from Lenovo show that the company's current revenue (TTM) is $70.86 billion. The corporation had revenue of $70.55 billion in 2021, an increase from $55.69 billion in 2020.
Founded: 1 November 1984
Headquarters: Beijing, China
Website: lenovo.com -
Guangdong Chinese consumer electronics producer Oppo Mobile Telecommunications Corp., Ltd., doing business as OPPO, has its headquarters in Dongguan, Guangdong. Smartphones, smart devices, audio equipment, power banks, and other electrical products are among its main product categories.
BBK Electronics is said to be connected to it, while the business publicly disputes this. In China, the brand name "Oppo" was first registered in 2001, and it was made public in 2004. The business has since grown to include 50 nations.
With the sale of its devices at more than 200,000 retail locations, OPPO overtook Samsung as the leading smartphone manufacturer in China in June 2016. In terms of market share, OPPO was the No. 5 smartphone brand globally in 2019 and the No. 1 brand in China.Founded: 10 October 2004
Headquarters: Dongguan, Guangdong, China
Website: https://www.oppo.com/ -
A Chinese international technology business with its headquarters in Dongguan, Guangdong, Vivo Communication Technology Co. Ltd. creates and develops smartphones, smartphone accessories, software, and online services. The business creates apps for its phones, which are made available through its V-Appstore. These include iManager on their own, an Android-based operating system called Origin OS in Mainland China, and Funtouch OS elsewhere.
It has ten R&D centers located in Shenzhen, Dongguan, Nanjing, Beijing, Hangzhou, Shanghai, Xi'an, Taipei, Tokyo, and San Diego, with a total of 10,000 personnel.Since its founding in 2009, Vivo has grown its global market, servicing more than 400 million customers in more than 60 countries and regions with its mobile products and services.
Founded: 2009
Headquarters: Dongguan, Guangdong, ChinaWebsite: vivo.com
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Based in Shenzhen, Guangdong, Realme is a manufacturer of consumer electronics in China. On May 4, 2018, Li Bingzhong (also known as Sky Li), a former vice president of Oppo, created it. Realme initially entered the market as a subsidiary of Oppo before becoming a separate brand. With an 831% growth rate, Realme then emerged as the 5G smartphone brand with the quickest rate of growth in Q3 2021.
Realme's success in utilizing community-driven tools like Facebook can be linked to its popularity online. The Squad Leader Program was started by Realme Philippines in 2018. The first three Squad Leaders, according to Realme, will assist in informing community members and managing the official Facebook communities in return for benefits that include official Realme items and internal merchandise.
The Squad Leader Program was able to increase the company's official Facebook group to over 500,000 members from less than 5,000 at the end of 2018. As a result, it has one of the biggest official Facebook communities of any American smartphone manufacturer. Over seven people currently work for free as part of the Squad Leader Program.Founded: 4 May 2018
Headquarters: Shenzhen, Guangdong, China
Website: www.realme.com -
A Chinese company called OnePlus, doing business as OnePlus, has its headquarters in Shenzhen, Guangdong. It is an Oppo subsidiary. On December 16, 2013, Pete Lau and Carl Pei established OnePlus with the goal of creating the OnePlus One, a premium flagship smartphone powered by CyanogenMod.
OnePlus would keep releasing smartphones into the 2010s and 2020s. The OnePlus Nord, the company's first mid-range smartphone since the OnePlus X in 2015, was introduced by OnePlus in 2020. Until his departure from the firm in October 2020, Pei oversaw the product design and marketing for OnePlus. He afterwards founded a manufacturer of consumer goods called Nothing.
In 2022–2023, OnePlus is still actively manufacturing smartphones with top-tier features, including 5G connections, for affordable prices ($200–749 USD). To increase its credibility and reach, OnePlus has teamed with T-Mobile to make the OnePlus Phone available through T-Mobile.
Founded: 16 December 2013
Headquarters: Tairan Building, Futian District, Shenzhen, Guangdong, China
Website: oneplus.com