With Ambitious Plans for Egypt and 8% YoY Growth.. vivo Ranks 5th Among Global Brands in Q3 2021
For the fifth consecutive quarter, vivo takes 5th place on the Canalys list of the highest global smartphone shipments for Q3 2021 through maximizing its sales globally to reach 11% of market share. Shipping 34.2 million units and marking 8% growth YoY, vivo continues challenging the global chipset shortages caused by the pandemic. This achievement comes in line with topping China’s smartphone market in Q2 & Q3 2021 respectively, according to IDC Worldwide Quarterly Mobile Phone Tracker. vivo’s outstanding results are attributed to leveraging its local mindset and understanding of culture to expand in prominent markets, such as Egypt and others, cultivating robust growth momentum.
Building on its witnessed heritage and success, vivo Egypt has been delivering stellar performance with its state-of-the-art devices, offering the highest quality. The brand has launched its latest flagship V & Y series smartphones (V21, V21e, Y53s, Y33s, Y21) in the local market, catering for the Egyptian consumers’ needs along with enhancing user experience.
Alex ZHan, vivo Egypt CEO expressed his pride with the company’s exceptional milestones, saying: “As a global leader in smartphone technology, vivo has expanded its operations to more than 60 countries and regions, and is preferred by more than 400 million users worldwide.”
He added: “Egypt is among our highest potential markets, so we’re adopting coherent strategies to cascade the international innovative technologies in the local market, serve the Egyptian customers’ diverse needs and ensure a distinct after sales service. Embracing ambitious growth plans, vivo Egypt strives to boost its presence in this vibrant market across the coming few years.”
About vivo
vivo is a technology company that creates great products based on a design-driven value, with smart devices and intelligent services as its core. The company aims to build a bridge between humans and the digital world. Through unique creativity, vivo provides users with an increasingly convenient mobile and digital life. Following the company’s core values, which include Benfen*, design-driven value, user-orientation, continuous learning and team spirit, vivo has implemented a sustainable development strategy with the vision of developing into a healthier, more sustainable world-class corporation.
While bringing together and developing the best local talents to deliver excellence, vivo is supported by a network of 10 R&D centers in Shenzhen, Dongguan, Nanjing, Beijing, Hangzhou, Shanghai, Xi’an, Taipei, Tokyo and San Diego, focusing on the development of state-of-the-art consumer technologies, including 5G, artificial intelligence, industrial design, imaging system and other up-and-coming technologies. vivo has also set up seven production bases (including brand-authorized manufacturing centers), across China, South- and Southeast Asia, and more regions, with an annual production capacity of nearly 200 million smartphones. As of now, vivo has branched out its sales network across more than 60 countries and regions, and is loved by more than 400 million users worldwide.
“Benfen” is a term describing the attitude on doing the right things and doing things right – which is the ideal description of vivo’s mission to create value for society.