Huawei passes Apple for second place in latest quarter results

By Sean Galea-Pace
The China-based mobile phone company, Huawei, has replaced Apple for second position in global smartphone shipments following the second quarter results...

The China-based mobile phone company, Huawei, has replaced Apple for second position in global smartphone shipments following the second quarter results, Bloomberg reports.

Huawei sees its standing rise and is now only bettered by Samsung after the firm announced sales of 54.2mn phones during the quarter.

According to market researcher IDC, the result shows a 41% increase in sales on last year and means Huawei move ahead of Apple for the first time.

Ben Stanton, a senior analyst at Canalys, said: “The importance of Huawei overtaking Apple this quarter cannot be overstated.”

“It is the first time in seven years that Samsung and Apple have not held the top two positions.”

See more:

Huawei’s sales accounted for 16% of the market beating the 12% Apple showed and only behind Samsung who boasted 21%.

It is thought that the firm’s success has been aided by its intent on expanding into Europe and Africa but is yet to achieve success in the vast U.S. market.

On a global scale, the smartphone market has seen a decline with shipments falling 1.8% during the quarter to 342mn units.

This is in addition to a 0.3% decrease of smartphones sold in 2017 which showed the first decline in years, as reported by the IDC.

Share

Featured Articles

What to see and do at GSMA MWC Shanghai 2024

At the 2024 GSMA MWC in Shanghai, guests will learn more about the future of 5G and IoT, as well as the role of mobile connectivity in manufacturing

EV Recycling Driven By Tata Steel, Nucor and Dowa Holdings

Market projected growth for EV recycling set to go from US$551bn in 2024 to US$768bn by 2029 with Tata Steel and Nucor embracing ferrous metal recycling

Brooke Weddle: Manufacturing Needs A Rebrand

Brooke Weddle, senior partner at Mckinsey, sat down with Manufacturing Digital to discuss methods to address manufacturing's global hiring crisis

Immensa and Intaj Suhar partner to boost Omani manufacturing

Procurement & Supply Chain

Bain & Company Report: OEMs and Digital Transformation

Smart Manufacturing

The Factory of the Future: Manufacturers' Biggest Challenges

Smart Manufacturing