OPPO
Huawei's "departure" from the European market has benefited Oppo as well. Please keep in mind that Huawei is still active in the European market. However, following the United States' embargo, the corporation lost a lot of ground. Surprisingly, other Chinese manufacturers have snatched up the majority of Huawei's stock. Oppo's contribution is shown in its enormous 314 percent rise in sales year over year. In terms of year-over-year growth, the Chinese company is one of the greatest winners.
Oppo set new records for shipments and revenue in the first quarter of this year, with the FIND and Reno series playing a key role. OPPO achieved an all-time high in terms of worldwide market share. In areas such as China, Europe, Latin America, and South Asia, its market share is also growing. Clearly, it is filling the void left by Huawei's departure.
Oppo set new milestones for shipments and revenue in the first quarter of this year, with the FIND and Reno series playing a key role. OPPO has surpassed its previous peak in terms of worldwide market share. In regions like China, Europe, Latin America, and South Asia, its market share is growing. It's evident that it's trying to fill the void created by Huawei's departure.
Founded: 2001
Headquarters: Shenzhen, Guangdong
Market share: 6%
Website: https://www.oppo.com/en/