vivo Ranks Among Top Five Global Smartphone Brands in 2020
vivo, a leading, product-driven, global technology company, ranked among the top five global smartphone brands in 2020, according to the latest annual data from IDC, a premier global provider of market intelligence. With a market share of 8.6 percent and shipments exceeding 110 million devices, Vivo experienced 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 nine R&D centers 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.