, the premium segment somehow managed to grow last year, incredibly pulling in more than half of the industry's overall revenue for the first time in history.
with a modest 16 percent slice of the pie and everyone else fighting for crumbs. Although that latter battle for the premium market segment's bronze medal was won by Huawei, the Chinese company's"victory" came with a huge 44 percent drop in sales compared to 2021. Xiaomi suffered a similarly heartbreaking decline but still finished 2022 in fourth place among the world's top premium smartphone vendors, followed by Honor and Google, both of which managed to more than double their figures from the previous year.