Huawei is currently the single most dominant company in the Chinese smartphone market, as new research shows that if the company maintains its sales performance in the home ground it can take the lead in 5G industry by next year.
According to the market researcher, Strategy Analytics, global sales of 5G smartphone will reach 160 million in 2020 depending on the Chinese market and Huawei is the top contender to pick major shares in China’s 5G smartphone sales that could help the company establish leadership in 5G industry.
“Huawei has recently accelerated and intensified its efforts in its home market to counter international uncertainty. By Q2 2019 it had expanded its smartphone market share there to almost 40%, far outpacing all other competitors. It is well-positioned to leverage that dominant position to take a commanding lead in China’s 5G smartphone market in 2020 and beyond.” said David Kerr, Senior Vice President at Strategy Analytics.
“If China meets its aggressive targets, Huawei could cut deeply into Samsung’s 5G leadership, positioning it for recovery and growth in Western Europe and other global markets,” Kerr added.
According to a recent report, sales operations of the Mate 20 X 5G are going pretty smooth in China and market outside. The company will also launch Huawei Mate X 5G, Mate 30 5G, and a 5G Honor smartphone later in the year.
The main change that we expect to see is the introduction of low-end 5G smartphones, of which the company is planning to buy modem integrated chips from MediaTek.