According to Taiwan-based research company TrendForce, Chinese smartphone vendors will ship over 450 million smartphones by the end of 2014. That’s 38.6% of the worldwide total.
Growing at an annual rate of 50% since 2011 since entering the international market, Chinese phone manufacturers Lenovo, Huawei and Xiaomi is expected to ship over 60 million handsets this year. That will squarely place the three just below Apple and Samsung as the most shipped.
TrendForce analyst Alan Chen mentioned that the growth will slow down to 17% in 2015 due to subsidy cuts and smartphone saturation in China. But noted that shipments will still account for over 40% worldwide next year, and possibly 50% in 2016.
The numbers aren’t really that surprising considering the popularity of the three big Chinese brands. Locally, Lenovo and Huawei are becoming more aggressive in their expansion activities, while newcomer Xiaomi (Mi Philippines) are making heads turn with their value-for-money smartphones and online supply chain.