Latest reports from IDC and Canalys Chinese smartphone manufacturer Huawei is now the second biggest smartphone manufacturer in the world.
Huawei Technologies Co., Ltd. is a Chinese multinational networking, telecommunications equipment, and services company headquartered in Shenzhen, Guangdong.
As per IDC’s report, the overall market has shrunk by 1.8 percent in Q2 2018. But the biggest surprise is that Huawei now has a 15.8 percent market share with 54.2 million smartphones shipped in Q2.
However this must not be taken to mean that Apple is performing poorly. In fact the number of smartphones shipped by Apple has even increased slightly as compared to last year. Also, Apple also has a slightly bigger market share with 12.1 percent of the market.
On the other hand while Samsung is shipping 10.4 percent less smartphones it still remains the leader with 20.9 percent market share, or 71.5 million smartphones. In other words, many Samsung buyers are now buying Huawei devices, or other Android devices.
Canalys confirms this trend with the same order — Samsung, Huawei and then Apple. But the firm also highlights that Apple suffers from seasonability compared to its competitors.
Samsung and Huawei sell many different devices and release new phones all year long. Apple usually releases new devices in September, which creates a huge spike during the last quarter of the year. Apple will likely overtake Huawei and maybe even Samsung in a couple of quarters.
Huawei has interestingly managed to perform very well even after its recurring problems in the US.
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