Huawei still number two smartphone seller despite US sanctions


Washington State: Huawei said last quarter that it remained the world's second-largest smartphone supplier despite strong US sanctions against Chinese technology giants.

Chinese companies increased their sales even if the overall market declined, ahead of Samsung's leader and US-based Apple.

According to Strategy Analytics, worldwide smartphone sales reached 344 million units, down 2.6% during the April-June period.

Samsung has increased its market share to 22%, which is primarily responsible for a 7% increase in handset sales in the mid-range and entry sectors. South Korean conglomerates outperformed Huawei by 17% and Apple by 11%.

"Huawei surprised everyone and increased global smartphone shipments by 8% every year," said Neil Mawston, director of strategy analysis.

"Huawei surged at home in China during the quarter to offset regulatory uncertainties in other key regions such as North America and Western Europe."

Researchers estimate that iPhone sales dropped 8 percent this quarter this week, which released results without details on unit shipments this week.

Woody Oh, director of Strategy Analytics, said, “Apple is stabilizing in China due to price adjustments and stimulus transactions, but other major markets such as India and Europe are still challenging expensive iPhones.

A separate report from Counterpoint Research provided similar results, showing Samsung, Huawei and Apple at three major branches as overall sales declined.

Counterpoint analyst Tarun Pathak said, however, that the US ban on selling technology to Huawei will affect the coming months.

"The ban did not lead to a decline in shipments this quarter, but it will not be in the future," Pathak said.

Anthony Scarsella, IDC's research firm that announced similar results, said the market is showing signs of stabilization.

Scarsella said, “The main driver of the second quarter was the availability of a significantly improved mid-tier device that offers a premium design and functionality while significantly lowering the price of ultra high prices.”

"Upgrading this with a strengthened and generous trade-in program across key markets and channels makes upgrades more meaningful to consumers."

According to the survey, Chinese manufacturers Xiaomi and Oppo ranked fourth and fifth, mainly due to sales in their home market.

According to Counterpoint, the smartphone market share in Huawei, Oppo, Vivo, Xiaomi and Realme all over the world in China reached 42%.

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Source: https://www.thenews.com.pk/latest/506821-huawei-still-number-two-smartphone-seller-despite-us-sanctions

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