You read it right, Huawei, for the first time, surpassed the South Korean smartphone maker – Samsung for the top place in the smartphone industry. Says an official from Counterpoint Research.
Neil Shah, research director at Counterpoint Research confirmed that Huawei was the world’s largest smartphone maker with a 19% market share in April. On the other hand, Samsung reached low at 17% during the mentioned timeline. (reports Gizmochina)
According to the Q1 result report, the global smartphone market has seen a huge decline due to the COVID-19 pandemic. The lockdown has affected the sales and decline in market shares around the globe.
However, Huawei’s market share in China rises to 40% in Q1 and is the only smartphone maker that achieved positive YoY growth even amid the COVID-19 pandemic.
Huawei smartphone sales achieved 6% YoY growth and sales of iPhones mildly dropped by 1% only. While other companies suffered plummeting sales with double-digit declines.
The performance of Huawei in its home ground helped it to maintain the global smartphone sales ratio and kept the growth neutral.
Huawei is currently under US restrictions, and it cannot do business with the U.S. firms not it can buy new assets. Moreover, its new headsets lack Google Mobile Services (GMS) but the company is selling them with its own Huawei Mobile Services (HMS).
According to Counterpoint Research for Q1 2020, Huawei shipped 49.0 million smartphones compared to 59.1 million units sold last year. Huawei’s total YoY growth declined by 17%.
Among the smartphone makers, Samsung sold 59 million smartphones with a decline of 18% over the year. Apple declines 17% with 40 million units shipped during Q1.