Oppo takes smartphone crown from Samsung in Thailand in Q4 2018

Thailand, the second largest smartphone market in Southeast Asia, suffered another fall in shipments in the fourth quarter of 2018, after a steep decline in Q3 2018. 4.9 million units shipped in Q4 2018, a 13.6% fall year on year, which caused full-year 2018 sell-in to decline 8.6% to 19.2 million units. Oppo overtook Samsung for the first time to become the top vendor, shipping nearly 1.1 million smartphones to take a 22.2% market share. Huawei and Vivo are closing in on the top two at 13.1% and 12.7%, while Apple, in fifth place, reported its lowest Q4 market share in the country.
Competition has been intense, as several new players, such as Xiaomi, Honor, Lava and Wiko, have aggressively entered the market in the past two years. Consumer demand for smartphones, however, is not growing as the Thai market matures. The smartphone replacement cycle is lengthening, despite mobile operators offering attractive discounts to stimulate demand. And millions of feature phone users remain in rural areas, not planning to upgrade to smartphones.
In 2019, Canalys forecasts 4.1% year-on-year growth for Thailand, with positive economic growth after its general election, which will improve major operators’ business outlook and prompt further investment from foreign mobile vendors. Though 5G is not expected to roll out until late 2020, operators will start to market the concept to build consumer interest in technology upgrades, which will be vital for consumer demand to rebound later in the year.
You might also like

Leave A Reply