Samsung and Motorola battle it out to lead LATAM smartphone market, Xiaomi sees growth

The LATAM smartphone market grew only 0.7% YoY and 3.1 QoQ in Q3 2021, despite it getting increasingly saturated with new players. In the last year alone, at least five new brands entered the region but meaningful growth was held back by the ongoing global component shortages.


continued to hold the top spot in the market despite being impacted by Brazil and Vietnam factory woes (via Counterpoint Research). However, things from the company’s point of view did not look as good as its market share reached the lowest in previous seven quarters. As a result, which holds the number two spot managed to narrow the gap. Motorola has also been improving its product availability in the region and has thus managed to lead the Mexican market while also improving its position in Argentina and Brazil.

Source: Counterpoint Research Market Monitor, Q3 2021

However, even doesn’t remain unchallenged as that currently ranks third has been improving its hold on the LATAM smartphone market. The company’s shipments almost doubled YoY. But its volume witnessed a drop compared to the last quarter – the first QoQ drop in three years. Xiaomi is a close leader in Colombia and a strong second player in Chile and Peru, and aims to become the leader in these three countries.

ZTE ranks fourth in Latin Market and has almost doubled its volume YoY, with Mexico being its biggest market. It is also focusing on growing in Colombia and Peru in the operator channel.

has continued to stay aggressive in Mexico and has now expanded to Colombia. The company still needs to work on brand recognition in the latter, so it might take longer to make an impact.

is followed by and vivo. Apple saw its sales volume decrease to seasonality, as the iPhone 13 was launched only in October in most of LATAM. vivo, on the other hand, has been aggressively expanding its presence in the region and has grown beyond Columbia and Mexico, officially entering Chile.

The “others” category, particularly the “Local Kings”, was impacted once again by the ongoing semiconductor shortages.

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Via: gizmochina.com

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