The IDC regarded Vivo's fast growth as one of the biggest catalysts for change in the worldwide smartphone market in the first quarter of 2016, with the brand shipping 14.3m units in the period -- a year-on-year increase of 123.8% -- achieving 4.3% of global market share.
According to Vivo's global vice president and chief marketing officer Alex Feng, "Vivo's outstanding performance mainly depends upon its commitment to new product development and precise understanding of customer needs. We saw consumers' needs for better quality devices, and we positioned our brand as a premium one."
"The high ranking of Vivo in the IDC tracker suggests that vivo has the potential to embrace users from mature markets such as the U.S. and Western Europe," he added.
Vivo began its global expansion in 2014, establishing a presence in Southeast Asia and India. In 2015, the company made a breakthrough with its refined product design, releasing the new generation smartphone V3 which focused more on smart functions and Hi-Fi (High-Fidelity) sound quality.
"Our style is to design products with features to make life easier and better," says Feng, "and we're committed to the seamless integration of technology with life. We hope to provide more options and products for various users worldwide in the near future."
Vivo also furthered its global reach this year by promoting its newly launched flagship phones the V3 and V3MAX and co-branding with Marvel's Captain America: Civil War. The two devices offer users with a faster, and more efficient, fluent and enjoyable video and Hi-Fi quality audio experience. Target countries include Thailand, Indonesia, India, the Philippines, Malaysia, Vietnam, and Myanmar.
About Vivo
Vivo is a leading global smartphone brand focusing on introducing products with professional-grade audio, extraordinary appearance, and fast and smooth user experience. The company is committed to developing dynamic and stylish products for open-minded, passionate people and entered top 5 global smartphone brands on IDC Q1 2016 report.
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