HUAWEI Technologies is a Chinese multinational technology company. Huawei is a leading global provider of Information and communication technology infrastructure and smart devices.
HUAWEI PRODUCTS TAKING OVER SAMSUNG PRODUCTS
Huawei just took over Samsung as the world’s biggest smartphone maker. This has made the Chinese technology the largest smartphone merchant in the world.
Huawei now sells nearly two-thirds of its handsets in China, which took an early hit from the coronavirus pandemic but has since reclaimed ground as new cases have dwindled. Smartphone makers dominant in other countries are still struggling as new virus cases continue to rise. Huawei’s sales fell 5% from the same quarter a year earlier, while South Korea’s Samsung posted a 30% drop due to weak demand in key markets including Brazil, the United States, and Europe.
“Our business has demonstrated exceptional resilience in these difficult times,” a Huawei spokesman said.
Domestic sales rose 8%, but Huawei’s overseas shipments fell 27% in the quarter.
The United States has effectively blocked Huawei from using licensed Google Android, damaging the attractiveness of the Chinese company’s phones abroad, and limited its access to chips crucial for 5G networking.
In Europe, a key region for Huawei, the company’s smartphone market share fell sharply to 16% in the second quarter versus 22% in the same period in 2019, according to Counterpoint Research. It is the third-largest smartphone maker in Europe behind Samsung and Apple, showing how Huawei’s global position in the second quarter was built on efforts to expand its share in China, the world’s second-largest economy.
It remains unclear how much of Huawei’s second-quarter sales were driven by its 5G smartphones and high-end models that are most vulnerable to the restrictions, said Nicole Peng, vice president of Mobility at Canalys.