Wednesday, 1 August 2018

Huawei Beat Apple In Smartphone Sales For The First Time

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Huawei Beat Apple in smartphone sales for the first Time





Huawei  is a Chinese multinational networking, telecommunications equipment manufacturing company in the world which focused on manufacturing phone switches but they have expanded to building telecommunications networks, providing Operational and consulting services  and equipment to enterprises in China and outside of China and manufacturing communications.


Huawei Technology co. Passed Apple Inc. to claim the 2nd position in the global smartphone shipments in the second quarter. The company shipped 54.2 million mobile phones in the quarter, a 41 percent which is more than a year earlier which help them to jump in front of the iPhone maker for the first time but are behind Samsung Electronic Co. according to the market research firm IDC.


Huawei accounted for 16 percent of the market measured to the 21 percent of the South Korea Samsung and 12 percent for Apple then the Xiaomi corp. that have smartphone product Xiaomi Redmi 6 Pro among others and Oppo that also have smartphone product like Oppo Find X Lamborghini Edition that are based In China now round up the Top five.


Huawei has gained influence as their domestic market grow in continent like Africa and Europe but has fail to crack massive U.S market as Apple dominate the land. The Apple company has treated their product with high honor and trend to sell iPhone at higher price than their rivals and they profit from services like iTunes which helps it to top earning estimates for the quarter.

Read also: Apple Close to becoming the first $1trillion Dollar company

A senior analyst at Canalys stated that The importance of  Huawei overtaking Apple in the quarter cannot be overstated and he also reported the shift in quarterly market shares. This is the first time in seven years that Apple and Samsung has not held the top second position. The Samsung and Apple have to make their portfolio more competitive.


The South Korean company which makes memory chips and screen " Samsung " took a hit from the sluggish market. The Huawei is going to fight Samsung to overtake them and it serve as a  warning to Apple which needs to ship volume to support its growing service.
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