Huawei becomes the world’s second-largest smartphone vendor
August 7, 2018 Category China News Round-up, Weekly
China-based Huawei took the second-place spot from Apple in the global smartphone market during the second quarter of this year, according the International Data Corp (IDC). South Korea’s Samsung remained the top smartphone maker, shipping 71.5 million handsets, but Huawei moved into second position with shipments of 54.2 million, according to the IDC Worldwide Quarterly Mobile Phone Tracker. Silicon Valley-based Apple shipped 41.3 million iPhones, claiming 12.1% of the global market compared to 20.9% for Samsung and 15.8% for Huawei.
“The continued growth of Huawei is impressive, to say the least, as is its ability to move into markets where, until recently, the brand was largely unknown,” said Ryan Reith, Program Vice President with IDC’s Worldwide Mobile Device Trackers. Apple was expected to wrest back control of the market with the release of new iPhone models in the fall. Preliminary findings by IDC indicated a total of 342 million smartphones were shipped during the second quarter, 1.8% decline from the same period a year earlier. Market saturation and climbing average selling prices were among factors curbing growth in the smartphone market, the Shanghai Daily reports.
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