Vivo Plans To Expand To More Global Markets - TeknoGadyet
Vivo V7+
Vivo V7+

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Thursday, October 26, 2017

Vivo Plans To Expand To More Global Markets

Vivo's target markets for their global expansion plans
Vivo's target markets for their global expansion plans

Vivo has been a fast growing smartphone manufacturer in Asia. Now, it already penetrated Hong Kong with the launch of the X20 from Vivo's X Series. Vivo is looking to expand more with their eyes on more global markets.

Some of their target markets are Taiwan and Singapore in Asia, Russia in Europe and, by next year, the African market. They already have presence in India, Thailand, the Philippines, Myanmar, Malaysia, Indonesia, Pakistan, Cambodia and Bangladesh wherein they recently launched the V7+.

Also Read: Vivo V7+ versus Huawei Nova 2i; Battle of FullView Display

According to Counterpoint, a leading global industry analysis company, now hold 48% of the global smartphone market share as they continue to grow beyond mainland China. Vivo is expanding globally by giving their fans devices that encourage self expression and inspire confidence.

In addition to that, Gartner's research show that Vivo is 5th in global smartphone sales for Q2 of 2017 with a 6.6% market share.

Vivo's Senior Vice President, Alex Feng, stated this about their expansion efforts:

Since our first entry into the international markets in 2014, we have been dedicated to understanding the needs of consumers through in-depth research to bring innovative and stylish products that meet their lifestyle and needs. We are thrilled to enter Hong Kong, Taiwan, Singapore, Russia and Africa in the coming months.By bringing consumers our innovative and quality products designed with them in mind, we hope to inspire young people around the world to stay true to their individuality and embrace self-confidence.

Vivo really wants to bring their latest devices to the global market. With great releases such as the Vivo V7+ and X20, they are on the right track.

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