Despite US sanctions, Huawei is still number two smartphone seller

Huawei is still number two smartphone seller

Despite US sanctions, Huawei is still number two smartphone seller. Washington, United states AFP Huawei stayed the number two worldwide smartphone supplier in the previous quarter despite severe U.S. sanctions on the Chinese technology giant, market trackers said Wednesday. The Chinese company managed to boost its sales even as the overall market declined, remaining on the heels of industry leader Samsung and ahead of Apple-based in the United States.

Despite US sanctions, Huawei is still number two smartphone seller

In the April-June period, global smartphone sales fell 2.6 percent to 341 million units, according to Strategy Analytics. Samsung increased its market share to 22%, assisted by a 7% increase in handset sales, mainly in the mid-range and entry segments. The South Korean giant stood 17 percent ahead of Huawei and 11 percent ahead of Apple.

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“Huawei amazed everyone and grew eight percent annually in its worldwide smartphone shipments,” said Neil Mawston, Executive Director of Strategy Analytics. “During the quarter, Huawei surged at home in China as the company sought to offset regulatory uncertainty in other major regions like North America and Western Europe.”

The research firm estimated that Apple, which this week released its results without details on unit shipments, saw the quarter’s iPhone sales drop by eight percent. “Due to price changes and booming trade-ins, Apple is stabilizing in China, but other significant markets like India and Europe stay difficult for the costly iPhone,” said Woody Oh, Strategy Analytics director.

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A separate Counterpoint Research report offered similar findings, showing Samsung, Huawei, and Apple falling overall sales in the top three spots. However, Counterpoint analyst Tarun Pathak said the US ban on technology sales to Huawei will have an impact in the coming months.

“The ban’s effect during this quarter did not translate into falling shipments, which will not be the case in the future,” said Pathak. Research firm IDC’s Anthony Scarsella, who also published similar findings, said the market is seeing signs of stabilization.

“The availability of vastly improved mid-tier devices that offer premium designs and features while significantly undermining the ultra-high-end price was a key driver in the second quarter,” said Scarsella.

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“Combine this with intensified and generous trade-in programs across major markets and channels and make more sense for consumers now to upgrade.”

The surveys showed that the fourth and fifth spots were held by Chinese makers Xiaomi and Oppo, largely due to sales on their home markets. According to Counterpoint, Chinese companies Huawei, Oppo, Vivo, Xiaomi and Realme’s combined worldwide smartphone market share reached 42 percent, the largest it’s ever been.

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