vivo Tops China’s smartphone market in Q2 2022
By TRN Online, Kathmandu,
Aug 17: According
to Counterpoint
Research's Market Pulse Report, vivo ranked first with a market
share* of 19.8% in Q2 2022, maintaining its position as a leading global
smartphone brand.
vivo,
following
a more global and local approach, has developed an understanding of local
culture and continues to expand across the globe. Presently, vivo has branched
out its sales network across more than 60 countries and regions and is catering
to more than 400 million users worldwide across various price categories.
Talking
about the Q2 2022 Sales Result, Michael, CEO, vivo Nepal said, “vivo’s
diverse portfolio helped the smartphone brand grab a good share in the market,
maintaining its leadership. The brand has achieved this
momentum due to its positive messaging and innovative regional
strategy.
The brand has also received positive market feedback
for its budget-friendly segment, especially from younger customers,” according
to a press release by the company.
With a brand belief in innovation
and technology as its core, vivo has maintained a strong momentum and proved
itself worthy of the love and support from its customers and fans across the
regions. The consumer-centric brand has marked this success due to its X, V and
Y Series, which have gained much popularity in the regions lately. The X
Series, with its Camera-centric innovation and partnership with ZEISS, the V
Series, with its balanced appeal and technology, and the Y Series with its
budget flagship experience helped garner interest from the youth, said the
company.