NAIROBI, Kenya, Nov 7 – Huawei has retained its position as the second leading smartphone company in global smartphone shipment.
According to analyst firms such as IDC, IHS Markit and Counterpoint, the Chinese company has overtaken Apple again, for two consecutive quarters, shipping 52 million handsets.
CEO of Huawei Consumer Business Group Richard Yu says the global shipment of their smartphone had exceeded 100 million by July 18, meaning the company is well positioned to hit the 200 million annual target.
“Huawei starts from and ends with end users. To satisfy and delight customers has always been the one thing Huawei-ers do every day,” Yu says.
Samsung led the way by shipping 72.2 million handsets, while Apple shipped 46.9 million.
According to IDC, smartphone vendors shipped 355.2 million units in quarter 3, down by 6 percent year over year, leading to a fourth-quarter loss, casting doubt on the smartphone market.
Apple is, however, the world’s most profitable smartphone company, having become the first private sector company to surpass the US$1 trillion in market value in early August.
Overall, China represents roughly one-third of the smartphone share, although it has experienced decline since quarter two 2017, and quarter three 2018 in the sixth quarter where the market sees contraction.