vivo Ranked among Top 5 Global Smartphone
Brands in 2020, according to IDC
According to the latest annual data from IDC, vivo, a leading global smartphone brand, ranked fifth in the global smartphone market in 2020 with a market share of 8.6 percent and shipments exceeding 110 million devices. With a year-over-year growth rate of over 1 percent, vivo was one of the top five smartphone brands to maintain an increase in shipments despite the overall downturn.
vivo currently holds the second position in the Chinese smartphone market and the third in India, while leading the market in Indonesia. With headquarters in China, supported by a network of 9 R&D centres in Shenzhen, Dongguan, Nanjing, Beijing, Hangzhou, Shanghai, Taipei, Tokyo and San Diego, vivo is focusing on the development of state-of-the-art consumer technologies, including 5G, artificial intelligence, industrial design, photography and other up-and-coming technologies.
IDC data shows that the global mobile phone market fell 5.9% year-on-year in 2020 the progress toward market recovery has been impressive and IDC believes the momentum heading into 2021 will remain strong.
vivo is a leading global technology company that is product-driven with core businesses including smart devices and intelligent services. vivo is committed to connecting users to the digital world by designing exciting and trendsetting smart mobile products and services which integrate technology and fashion in unique and creative ways. Adhering to its core values, which include “innovation”, “consumer orientation” and “benfen” *, vivo has implemented a sustainable development strategy to achieve its vision of becoming a leading, long-lasting, world-class enterprise.
vivo is headquarter is located in China, supported by a network of 9 R&D centers in Shenzhen, Dongguan, Nanjing, Beijing, Hangzhou, Shanghai, Taipei, Tokyo and San Diego. These centers focus on the development of cutting-edge consumer technologies including 5G, artificial intelligence, industrial design, photography, and other emerging fields. vivo has also set up five production hubs across China, South Asia and Southeast Asia, which manufacture over 200 million smartphones every year. As of 2019, vivo has developed its sales network across more than 30 countries and regions, attracting more than 350 million active users worldwide.
Please stay informed of vivo’s news at https://www.vivo.com/pk/about-vivo/news
*“Benfen” is a word in Chinese language emphasizing on doing the right things and doing things right, which is the ideal description of vivo’s mission to build technology for good.