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You are here : World News – Russian opinion» Economy» Huawei overtakes Samsung as high world smartphone maker – report

Huawei overtakes Samsung as high world smartphone maker – report

Posted By Russian Opinion. Under Economy  Tags: Global, Huawei, maker, overtakes, Report:, Samsung, smartphone  

Regardless of US efforts to stress Huawei, the Chinese language tech big has reportedly clinched the title of the world’s largest smartphone producer in April, surpassing long-time chief Samsung.

For the primary time ever, Huawei had a bigger market share than its South Korean rival. The Vice President of Analysis at Counterpoint, Neil Shah, revealed to tech outlet Gizmochina that Huawei grabbed 19 % of the market in April, whereas Samsung shipments have been two % decrease over the identical interval. 

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It’s unclear whether or not the pattern persists until the tip of the second quarter or additional, as each firms’ gross sales declined as a result of coronavirus pandemic. Within the first three months of this yr, the hole between the 2 firms amounted to a few %, with Huawei shipments standing at 17 % and Samsung at 20 %, based on Counterpoint Analysis knowledge. 

Nevertheless, Huawei dominated the large Chinese language smartphone market within the first quarter of 2020, based on different analysis agency analysts. The rising share on the home market may be one of many components of Huawei’s dominance, because the Chinese language economic system has been one of many first to reopen after the Covid-19 restrictions. 

Additionally on rt.com

© Global Look Press / imago-images.de / Reiner Zensen / Vincent Isore / Rupert OberhŠuser
US tech giants nonetheless doing enterprise with blacklisted Chinese language firms, analysis agency claims

The development in Huawei’s shipments comes regardless of the corporate discovering itself in the course of commerce and political tensions between Washington and Beijing. Final yr, the agency ended up on the notorious Entity Record that bars American companies from coping with Huawei until they’ve authorities approval. 

Washington has additionally been pressuring its allies to chop ties with Huawei, alleging that the corporate poses a safety risk. In its newest motion towards the Chinese language firm, the US authorities has been making an attempt to thwart Huawei’s entry to semiconductor provides.

For extra tales on economic system & finance go to RT’s enterprise part

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