Categories LATEST, Technology, U.S. Markets News

Huawei sold more phones than Apple in Q2: Report

Analyst firm Gartner Tuesday released its report on global smartphone sales in Q2, which showed that Chinese companies are increasingly putting pressure on leading tech giants Samsung and Apple (AAPL). In a notable achievement, Huawei outstripped Apple to be the No. 2 smartphone vendor in the world, riding on the success of its Honor lineup and premium model P20 Pro.

While Samsung continued to be the leading smartphone OEM with a global market share of 19.3% in the second quarter, it was evident that the Chinese firms were creating a dent in its figures. During the same quarter last year, the Korean smartphone giant had a market share of 22.6%.

Meanwhile, Apple’s market share saw a slight dip to 11.9% from 12.1% in the year-ago period as sales remained relatively flat. It may be noted that Q2 is Apple’s slowest quarter, as iPhone fans await the grand September launch event.

smartphone shipments in Q2

However, Huawei probably took full advantage of this slowdown, raising its global market share during this period to 13.3% from just 9.8% a year ago. Huawei’s unit sales jumped 38.5% during the second quarter.

Adding to the Chinese assault was Xiaomi, whose market share rose from 5.8% to 8.8%. In a striking first-time achievement, both the Chinese smartphone companies together sold more devices than Samsung during the quarter.

Worldwide Smartphone Market Share Q2 2018

Also See: Apple to launch three new iPhone X designs

OnePlus-parent Oppo, the fifth largest smartphone vendor in the world, also saw slight increases in its unit sales and market share.

Reports back the figures published a month ago by IDC and Canalys, both of which reported the same order of ranking, albeit slight changes in the data.

Most Popular

Aurora Cannabis (ACB) Earnings: 3Q21 Key Numbers

Aurora Cannabis Inc. (NYSE: ACB) reported third quarter 2021 earnings results today. Total revenues fell 25% year-over-year to CAD55.1 million. Adjusted EBITDA loss amounted to CAD24 million. Cash balance as

Walt Disney (DIS) Q2 revenue down 13%; earnings beat estimates

Media behemoth The Walt Disney Company (NYSE: DIS) reported second-quarter revenues that declined from last year as customers stayed away from theatres and parks due to pandemic-related safety issues and

Three key factors that bode well for Tattooed Chef (TTCF) going forward

Shares of Tattooed Chef Inc. (NASDAQ: TTCF) have gained 57% over the past 12 months but has dropped 25% since the start of this year. The sentiment on the stock

Tags

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top