According to the latest IDC annual information, Vivo has 8.6 percent of market share and ships hitting 110 million devices and is World’s largest smartphone brand. Five were on the global smartphone market in 2020. With over 1% year-on-year growth, Vivo was one of the 5 top smartphone brands with shipments increasing during the world’s downturn.
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Vivo currently holds 2nd place in China and 3rd spot in India, though at the same time leading the Indonesian market. Headquartered in China, the company focuses on the advancement of state-of-the-art consumer technology, including 5G, artificial intelligence, industrial design, photography and other up-to-date technologies, backed by the network of 9 R&D centres in Shenzhen, Dongguan, Nanjing, Beijing, Hangzhou, Shanghai, Taipei, Tokyo and San Diego.
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Data from IDC indicate that the smartphone world market fell by 5.9 percent per year by 20. By 2020. IDC argues that the recovery progress in 2021 is very good.