In the third quarter, China’s smartphone shipments saw a slight decline for the second consecutive quarter, dropping by 5% to 66.7 million units, according to analysts Canalys. Honor regained its leading position with an 18% market share and 11.8 million shipments, thanks to its competitive products and efficient distribution channels. Oppo (including OnePlus) secured second place with 10.9 million shipments. Apple came in third with 10.6 million shipments, benefiting from the recent launch of its iPhone 15 series. Vivo held fourth position with a 16% market share,while Xiaomi ranked fifth with a 14% market share. Notably in the third quarter, several Chinese vendors showcased foldable devices including Xiaomi Mix Fold3, Honor V Purse, Magic Vs2, Oppo Find N3 series, and Huawei Mate X5. [Canalys]